Plan Snapshot
- Plan Sponsor: Vesco Oil Corporation
- Sponsor EIN: 381289952
- Sponsor Address: 16055 W. 12 MILE RD, SOUTHFIELD, MI, 480370525
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $21.7M
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 | 238 | $21.7M | $122,916 | $1.3M |
| 2023 | 233 | $20.1M | $120,214 | $1.3M |
| 2022 | 230 | $18.7M | $117,610 | $1.2M |
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 |
|---|---|---|---|---|
| REHMANN ROBSON LLC | 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 | $23,712 | — | $23,712 | — | — |
| 2023 | $23,689 | — | $23,689 | — | — |
| 2022 | $23,358 | — | $23,358 | — | — |