Plan Snapshot
- Plan Sponsor: Vertisystem INC.
- Sponsor EIN: 263480871
- Sponsor Address: 39560 STEVENSON PLACE, FREMONT, CA, 94539
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $2.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 154 | $2.4M | $0 | $455,172 |
| 2023 | 145 | $2.2M | $0 | $550,070 |
| 2022 | 170 | $1.6M | $0 | $443,069 |
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 |
|---|---|---|---|---|
| NARESH ARORA & GULRAJANI CPAS LL | 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 | $16,833 | $14,968 | — | — | — |
| 2023 | $17,429 | $15,829 | — | — | — |
| 2022 | $24,522 | — | — | — | — |