Plan Snapshot
- Plan Sponsor: Vinfast Auto LLC
- Sponsor EIN: 851071072
- Sponsor Address: 333 W SAN CARLOS SUITE 600, SAN JOSE, CA, 95110
- Plan Type: 401(k)
- Total Participants: 258
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 258 | $4.6M | $666,048 | $1.4M |
| 2023 | 178 | $3.1M | $562,878 | $1.2M |
| 2022 | 233 | $1.9M | $422,623 | $954,099 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS | Investment Advisor | $17,525 | — | $17,525 |
| PAYCHEX, INC. | Recordkeeper | $16,127 | — | $16,127 |
| 401K GENERATION | Recordkeeper | $11,392 | — | $11,392 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,044
- Estimated Expense Ratio: 0.977% 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 | $45,744 | $17,525 | $27,476 | — | — |
| 2023 | $32,651 | $10,967 | $21,684 | — | — |
| 2022 | — | — | — | — | — |