Plan Snapshot
- Plan Sponsor: Vert Markets LLC
- Sponsor EIN: 820548255
- Sponsor Address: 5340 FRYLING ROAD, SUITE 100, ERIE, PA, 16510
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $45.7M
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 | 104 | $45.7M | $660,808 | $1.3M |
| 2023 | 137 | $41.6M | $899,958 | $1.4M |
| 2022 | 116 | $34.8M | $778,822 | $1.1M |
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 |
|---|---|---|---|---|
| SCHAFFNER KNIGHT MINNAUGH & CO 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 | $84,958 | — | $79,008 | — | — |
| 2023 | $83,533 | — | $1,950 | — | — |
| 2022 | $86,359 | — | — | — | $86,359 |