Plan Snapshot
- Plan Sponsor: Vestis Uniforms And Workplace Supplies, INC
- Sponsor EIN: 232816365
- Sponsor Address: 1035 ALPHARETTA STREET, SUITE 2100, ROSWELL, GA, 300753601
- Plan Type: 401(k)
- Plan Number: 006
- Total Participants: 10,297
- Total Assets: $638.6M
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 | 10,297 | $638.6M | $909,787 | $5.7M |
| 2023 | 10,953 | $656.8M | $7.8M | $25.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INST. OP. CO. | Recordkeeper | $100,637 | — | $100,637 |
| NEWPORT GROUP, INC. | Investment Advisor | $36,025 | — | $36,025 |
| BAKER TILLY US, LLP | Auditor | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INST. OP. CO. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,662
- Estimated Expense Ratio: 0.023% 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 |
|---|---|---|---|---|---|
| 2024 | $147,662 | — | — | $11,000 | — |
| 2023 | $426,105 | $52,500 | $900 | $40,045 | — |