Plan Snapshot
- Plan Sponsor: Vermeer Mountain West INC
- Sponsor EIN: 860647166
- Sponsor Address: 17019 S WEBER DR, CHANDLER, AZ, 852264114
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $10.6M
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 | 185 | $10.6M | $593,937 | $1.1M |
| 2023 | 122 | $8.0M | $516,179 | $969,921 |
| 2022 | 89 | $4.7M | $276,360 | $557,502 |
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 |
|---|---|---|---|---|
| OSAIC WEALTH, INC. | Investment Advisor | $25,513 | — | $25,513 |
| PAYCHEX, INC. | Recordkeeper | $24,610 | — | $24,610 |
| WOODBURY FINANCIAL SERVICES INC | Investment Advisor | $6,731 | — | $6,731 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $5,415 | — | $5,415 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH, INC. — Investment Advisor
- PAYCHEX, INC. — Recordkeeper
- WOODBURY FINANCIAL SERVICES INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,269
- Estimated Expense Ratio: 0.586% 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 | $67,187 | $32,244 | $34,943 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |