Plan Snapshot
- Plan Sponsor: Village Practice Management Company, LLC
- Sponsor EIN: 462975838
- Sponsor Address: 1345 AVENUE OF THE AMERICAS, NEW YORK, NY, 10105
- Plan Type: 401(k)
- Total Participants: 17,015
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 17,015 | $1.4B | $0 | $92.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $962,396 | — | $962,396 |
| WITHUMSMITH, BROWN, PC | Auditor | $95,159 | — | $95,159 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $81,000 | — | $81,000 |
| SAGEVIEW ADVISORY GROUP LLC | ADVISOR | $61,300 | — | $61,300 |
| DELOITTE & TOUCHE LLP | ACCOUNTANT/AUDITOR | $52,500 | — | $52,500 |
| PROTIVITI | ACCOUNTANT/AUDITOR | $36,478 | — | $36,478 |
| WESTMINSTER CONSULTING LLC | ADVISOR | $25,297 | — | $25,297 |
| WEALTH ENHANCEMENT ADVISORY SERV | CONSULTANT | $14,300 | — | $14,300 |
| T. ROWE PRICE TRUST COMPANY | ACCOUNTANT/AUDITOR | $6,181 | — | $6,181 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WITHUMSMITH, BROWN, PC — Auditor
- STRATEGIC ADVISORS, INC. — ADVISOR
- SAGEVIEW ADVISORY GROUP LLC — ADVISOR
- DELOITTE & TOUCHE LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,334,611
- Estimated Expense Ratio: 0.092% 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 | $1,234,540 | $167,597 | $4,500 | $95,159 | — |