Plan Snapshot
- Plan Sponsor: Veracross LLC
- Sponsor EIN: 461589717
- Sponsor Address: 401 EDGEWATER PLACE, SUITE 360, WAKEFIELD, MA, 01880
- Plan Type: 401(k)
- Total Participants: 212
- Total Assets: $13.8M
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 | 212 | $13.8M | $695,220 | $1.7M |
| 2023 | 203 | $10.2M | $625,942 | $1.5M |
| 2022 | 197 | $6.8M | $128,195 | $1.2M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $40,361 | $15,000 | — | — | — |
| 2023 | $36,437 | $15,000 | — | — | — |
| 2022 | $32,970 | $15,000 | — | — | $17,970 |