# Vicor Corporation 401(k) Plan
Source: https://planprovider.pro/companies/vicor-corporation-401k-plan

> Vicor Corporation&#39;s 401(k) plan: 941 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Vicor Corporation

- **Sponsor EIN:** 042742817

- **Sponsor Address:** 400 FEDERAL STREET, ANDOVER, MA, 01810

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

- **Total Participants:** 941

- **Total Assets:** $186.4M

## 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|941|$186.4M|$2.2M|$9.0M|

| 2023|943|$173.8M|$2.3M|$8.7M|

| 2022|961|$151.3M|$2.2M|$8.6M|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$209,089|—|$209,089|

| MMA SECURITIES LLC|INVESTMENT ADVISOR|$65,000|—|$65,000|

| CBIZ CPAS P.C.|AUDITOR|$30,188|—|$30,188|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MMA SECURITIES LLC](https://planprovider.pro/provider/lpl-financial-llc) — INVESTMENT ADVISOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $304,277

- **Estimated Expense Ratio:** 0.163% 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|$253,722|$65,000|$46,063|$30,188|—|

| 2023|$279,486|$65,918|$185,223|$28,088|—|

| 2022|$305,588|$65,000|$213,000|—|$12,338|

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