Plan Snapshot
- Plan Sponsor: Virgin Pulse, INC.
- Sponsor EIN: 202547480
- Sponsor Address: 75 FOUNTAIN STREET, SUITE 310, PROVIDENCE, RI, 02902
- Plan Type: 401(k)
- Total Participants: 2,337
- Total Assets: $155.8M
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 | 2,337 | $155.8M | $2.3M | $9.3M |
| 2023 | 1,115 | $84.6M | $2.2M | $8.8M |
| 2022 | 1,103 | $70.7M | $2.4M | $9.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $184,869 | — | $184,869 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $71,046 | — | $71,046 |
| BENEFIT SOLUTIONS ETC, LTD. | CONTRACT ADMIN | $65,417 | — | $65,417 |
| UBS FINANCIAL SERVICES | INVESTMENT ADVISOR | $50,032 | — | $50,032 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $47,482 | — | $47,482 |
| PRINCIPAL FINANCIAL GROUP | OTHER | $18,016 | — | $18,016 |
| HALLOWELL 401K ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — INVESTMENT ADVISOR
- HALLOWELL 401K ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $436,862
- Estimated Expense Ratio: 0.280% 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 | $428,687 | $168,559 | $9,842 | — | — |
| 2023 | $330,955 | $73,580 | $257,375 | — | — |
| 2022 | $328,690 | — | — | — | $328,690 |