# Vesco Material Handling Equipment INC 401(k) Plan
Source: https://planprovider.pro/companies/vesco-material-handling-equipment-inc-401k-plan

> Vesco Material Handling Equipment INC's 401(k) plan: 145 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Vesco Material Handling Equipment INC

- **Sponsor EIN:** 560953898

- **Sponsor Address:** 355 BUSINESS PARK DRIVE, WINSTON-SALEM, NC, 27107

- **Plan Type:** 401(k)

- **Total Participants:** 145

- **Total Assets:** $7.9M

## 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|145|$7.9M|$211,133|$641,068|

| 2023|154|$6.6M|$208,001|$621,259|

| 2022|142|$5.4M|$159,828|$505,121|

## 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|

| ARROWOOD & ASSOCIATES, PA|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|$58,579|—|$58,579|—|—|

| 2023|$43,736|$14,056|$2,600|—|—|

| 2022|$40,485|$15,715|$2,425|—|$22,345|

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