Plan Snapshot
- Plan Sponsor: Victory Solutions, INC.
- Sponsor EIN: 205252964
- Sponsor Address: 560 DISCOVERY DRIVE NW, HUNTSVILLE, AL, 35806
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $12.2M
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 | 114 | $12.2M | $414,060 | $1.0M |
| 2023 | 102 | $12.0M | $339,892 | $898,330 |
| 2022 | 94 | $9.6M | $320,878 | $792,341 |
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 |
|---|---|---|---|---|
| DYATECH LLC. | Other Service Provider | $1,695 | $5,661 | $7,356 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,356
- Estimated Expense Ratio: 0.060% 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 | $5,086 | — | — | — | — |
| 2023 | $1,937 | — | — | — | — |
| 2022 | $925 | — | — | — | $925 |