Plan Snapshot
- Plan Sponsor: Videoray LLC
- Sponsor EIN: 233063180
- Sponsor Address: 212 EAST HIGH STREET, POTTSTOWN, PA, 19464
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 67
- Total Assets: $293,348
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 67 | $293,348 | $704,539 | $0 |
| 2023 | 53 | $203,791 | $467,569 | $0 |
| 2022 | 35 | $48,877 | $248,583 | $57,684 |
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 |
|---|---|---|---|---|
| TOMPKINS INSURANCE | Investment Advisor | $21,734 | — | $21,734 |
| THE BENECON GROUP, LLC | Other Service Provider | $18,938 | — | $18,938 |
| MERITAIN HEALTH | Other Service Provider | $12,543 | — | $12,543 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,215
- Estimated Expense Ratio: 18.141% 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 | $665,201 | — | — | — | — |
| 2023 | $312,986 | — | — | — | — |
| 2022 | $261,532 | — | — | — | — |