Plan Snapshot
- Plan Sponsor: Virginia Cardiovascular Specialists, PC
- Sponsor EIN: 541090122
- Sponsor Address: 8001 FRANKLIN FARMS DRIVE SUITE 130, RICHMOND, VA, 23229
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $57.6M
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 | 179 | $57.6M | $2.0M | $1.5M |
| 2023 | 159 | $52.5M | $1.8M | $1.4M |
| 2022 | 156 | $45.4M | $0 | $1.3M |
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 |
|---|---|---|---|---|
| KEITER | 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 | $110,146 | $106,646 | — | — | — |
| 2023 | $96,257 | $92,732 | — | — | — |
| 2022 | $113,286 | — | $113,286 | — | — |