Plan Snapshot
- Plan Sponsor: Vic Bailey Superstores, INC.
- Sponsor EIN: 570884018
- Sponsor Address: 400 E DANIEL MORGAN AVE, SPARTANBURG, SC, 29302
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $0 | $0 |
| 2023 | 0 | $9.6M | $198,502 | $710,732 |
| 2022 | 190 | $8.6M | $173,891 | $677,050 |
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 |
|---|---|---|---|---|
| LOVE, BAILEY, AND ASSOCIATES, LLC | Auditor | $23,708 | — | $23,708 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,708
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 | $32,730 | — | — | $23,708 | — |
| 2023 | $35,845 | — | — | — | — |
| 2022 | $71,997 | — | — | — | — |