Plan Snapshot
- Plan Sponsor: Veridiam, INC.
- Sponsor EIN: 510374739
- Sponsor Address: 1717 CUYAMACA STREET, EL CAJON, CA, 92020
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $14.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 184 | $14.8M | $347,895 | $889,854 |
| 2023 | 185 | $13.9M | $325,250 | $842,404 |
| 2022 | 173 | $14.5M | $310,586 | $785,359 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $48,178 | $22 | $48,200 |
| CREATIVE PLANNING HOLD CO, LLC | SERVICE PROVIDER | — | $29,155 | $29,155 |
| DOWNEY & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING HOLD CO, LLC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,355
- Estimated Expense Ratio: 0.524% 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 | $48,178 | — | $46,328 | — | — |
| 2023 | $47,933 | — | $46,683 | — | — |
| 2022 | $48,996 | — | — | — | — |