Plan Snapshot
- Plan Sponsor: Virco Mfg. Corporation
- Sponsor EIN: 951613718
- Sponsor Address: 2027 HARPERS WAY, TORRANCE, CA, 90501
- Plan Type: 401(k)
- Total Participants: 758
- Total Assets: $63.8M
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 | 758 | $63.8M | $1.6M | $4.1M |
| 2023 | 761 | $59.7M | $1.5M | $3.7M |
| 2022 | 773 | $40.0M | $1.3M | $3.4M |
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 |
|---|---|---|---|---|
| KBF CPAS -AUDIT, LLP | Auditor | — | — | $0 |
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 | $195,902 | $158,574 | — | — | — |
| 2023 | $134,442 | $108,211 | — | — | — |
| 2022 | $118,556 | — | — | — | — |