Plan Snapshot
- Plan Sponsor: Villa Enterprises Management Ltd., INC.
- Sponsor EIN: 222913107
- Sponsor Address: 25 WASHINGTON STREET, MORRISTOWN, NJ, 07960
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 122 | $3.5M | $36,493 | $255,349 |
| 2023 | 110 | $3.2M | $31,963 | $220,566 |
| 2022 | 104 | $2.7M | $26,031 | $165,467 |
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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,193 | $3,548 | $7,545 | — | — |
| 2023 | $9,184 | — | — | — | — |
| 2022 | $9,624 | — | — | — | $9,624 |