Plan Snapshot
- Plan Sponsor: Village Retirement Communities, LLC
- Sponsor EIN: 061476443
- Sponsor Address: 715 PUTNAM PIKE, GREENVILLE, RI, 02828
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $6.3M
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 | 214 | $6.3M | $74,702 | $411,939 |
| 2023 | 205 | $6.0M | $72,247 | $405,308 |
| 2022 | 182 | $4.8M | $66,104 | $362,798 |
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 |
|---|---|---|---|---|
| CAVANAGH CPAS & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CAVANAGH CPAS & ASSOCIATES, LLC — Auditor
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 | $45,994 | $29,274 | $16,720 | — | — |
| 2023 | $35,843 | $25,314 | $10,529 | — | — |
| 2022 | $26,668 | $23,578 | $3,090 | — | — |