Plan Snapshot
- Plan Sponsor: Village Square Of Penna, INC.
- Sponsor EIN: 231702523
- Sponsor Address: 600 HORIZON DRIVE, CHALFONT, PA, 18914
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $12.4M
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 | 289 | $12.4M | $123,797 | $697,756 |
| 2023 | 248 | $11.4M | $116,135 | $619,183 |
| 2022 | 209 | $10.5M | $107,896 | $572,257 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES | Auditor | $20,387 | — | $20,387 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,387
- Estimated Expense Ratio: 0.165% 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 | $81,570 | $28,974 | — | $20,387 | — |
| 2023 | $71,044 | $26,090 | — | $14,106 | — |
| 2022 | $74,138 | — | $74,138 | — | — |