Plan Snapshot
- Plan Sponsor: Vip Structures, INC.
- Sponsor EIN: 161269096
- Sponsor Address: 101 N SALINA ST, SYRACUSE, NY, 13202
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $18.1M
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 | 133 | $18.1M | $282,004 | $1.3M |
| 2023 | 126 | $18.2M | $203,664 | $1.1M |
| 2022 | 124 | $14.9M | $166,128 | $1.1M |
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 |
|---|---|---|---|---|
| DANNIBLE & MCKEE, LLP | Auditor | $2,000 | — | $2,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANNIBLE & MCKEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,000
- Estimated Expense Ratio: 0.011% 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 | $43,571 | $24,660 | $16,911 | $2,000 | — |
| 2023 | $51,744 | $16,005 | $16,190 | $19,549 | — |
| 2022 | $32,109 | $15,615 | $16,494 | — | — |