Plan Snapshot
- Plan Sponsor: Virginia Dare Extract Co., INC.
- Sponsor EIN: 110666590
- Sponsor Address: 900 FEDERAL BLVD, CARTERET, NJ, 07008
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $33.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 160 | $33.2M | $749,778 | $1.7M |
| 2023 | 158 | $31.4M | $699,872 | $1.6M |
| 2022 | 153 | $26.0M | $670,825 | $1.5M |
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 |
|---|---|---|---|---|
| BORIS BENIC & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BORIS BENIC & ASSOCIATES LLP — Auditor
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 | $102,847 | — | $102,847 | — | — |
| 2023 | $89,415 | — | $89,415 | — | — |
| 2022 | $80,075 | — | $80,075 | — | — |