Plan Snapshot
- Plan Sponsor: Vera Bradley Designs, INC.
- Sponsor EIN: 351556781
- Sponsor Address: 12420 STONEBRIDGE ROAD, ROANOKE, IN, 46783
- Plan Type: 401(k)
- Total Participants: 792
- Total Assets: $76.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 792 | $76.8M | $1.7M | $3.7M |
| 2023 | 922 | $70.0M | $1.8M | $3.8M |
| 2022 | 935 | $59.5M | $1.9M | $4.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FORVIS, LLP | Auditor | $10,208 | — | $10,208 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,208
- Estimated Expense Ratio: 0.013% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $233,460 | $119,686 | — | $10,208 | — |
| 2023 | $205,007 | $108,638 | — | $3,500 | — |
| 2022 | $201,778 | $56,256 | — | — | $77,902 |