Plan Snapshot
- Plan Sponsor: Vessel Medical, INC.
- Sponsor EIN: 570983938
- Sponsor Address: 6000 PELHAM ROAD, GREENVILLE, SC, 29615
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $599,017
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 0 | $599,017 | $10,159 | $25,840 |
| 2022 | 214 | $1.9M | $162,553 | $435,360 |
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 |
|---|---|---|---|---|
| UNITED OF OMAHA | Other Service Provider | $15,004 | — | $15,004 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,004
- Estimated Expense Ratio: 2.505% 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 |
|---|---|---|---|---|---|
| 2023 | $7,502 | — | $7,502 | — | — |
| 2022 | $23,275 | — | $2,275 | — | $21,000 |