Plan Snapshot
- Plan Sponsor: Virgin Islands Telephone Corp. Dba Viya
- Sponsor EIN: 670251357
- Sponsor Address: 500 CUMMINGS CTR. SUITE 2450, BEVERLY, MA, 01915
- Plan Type: 401(k)
- Total Participants: 67
- Total Assets: $7.8M
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 | 67 | $7.8M | $88,894 | $344,602 |
| 2023 | 81 | $7.1M | $79,932 | $331,169 |
| 2022 | 79 | $6.4M | $78,555 | $328,010 |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | Recordkeeper | $14,824 | — | $14,824 |
| THE VANGUARD GROUP | Recordkeeper | $7,271 | — | $7,271 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,095
- Estimated Expense Ratio: 0.284% 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 | $25,544 | $15,844 | — | — | — |
| 2023 | $26,161 | — | — | — | — |
| 2022 | $23,613 | — | — | — | — |