Plan Snapshot
- Plan Sponsor: Vernet Us Corporation
- Sponsor EIN: 510237427
- Sponsor Address: 910 SOUTH GLADSTONE AVENUE, COLUMBUS, IN, 47201
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $6.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 166 | $6.4M | $275,234 | $585,155 |
| 2023 | 146 | $6.3M | $303,556 | $655,600 |
| 2022 | 182 | $5.7M | $317,028 | $692,578 |
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 |
|---|---|---|---|---|
| AGRESTA, STORMS, & O'LEARY, PC | Auditor | — | — | $0 |
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 | $37,843 | $23,925 | $13,918 | — | — |
| 2023 | $39,224 | $23,071 | $16,153 | — | — |
| 2022 | $40,693 | — | $40,693 | — | — |