Plan Snapshot
- Plan Sponsor: Versiti, INC.
- Sponsor EIN: 454675354
- Sponsor Address: PO BOX 2178, 638 NORTH 18TH STREET, MILWAUKEE, WI, 53201
- Plan Type: 403(b)
- Plan Number: 003
- Total Participants: 573
- Total Assets: $99.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 573 | $99.5M | $0 | $0 |
| 2024 | 387 | $95.5M | $0 | $0 |
| 2023 | 410 | $92.9M | $0 | $0 |
| 2022 | 439 | $84.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | Recordkeeper | $36,269 | — | $36,269 |
| CAPTRUST FINANCIAL | Other Service Provider | $21,447 | — | $21,447 |
| GRANTTHORNTON LLP | Other Service Provider | $15,080 | — | $15,080 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,796
- Estimated Expense Ratio: 0.073% 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 |
|---|---|---|---|---|---|
| 2025 | $10,086,277 | $21,447 | $15,941 | — | — |
| 2024 | $87,330 | $27,349 | $14,560 | — | — |
| 2023 | $89,159 | $46,027 | $12,688 | — | — |
| 2022 | $102,858 | $12,320 | — | — | $41,381 |