Plan Snapshot
- Plan Sponsor: Virginia Port Authority
- Sponsor EIN: 546001785
- Sponsor Address: 600 WORLD TRADE CENTER, NORFOLK, VA, 23510
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 464
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 464 | $0 | $0 | $0 |
| 2023 | 463 | $0 | $0 | $0 |
| 2022 | 774 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| HEALTHKEEPERS, INC. | Recordkeeper | — | $247,725 | $247,725 |
| ANTHEM HEALTH PLANS OF VIRGINIA INC | Recordkeeper | $226,285 | — | $226,285 |
| NY LIFE INSURANCE COMPANY OF NA | Other Service Provider | $27,307 | — | $27,307 |
| DELTA DENTAL OF VIRGINIA | Recordkeeper | $22,535 | — | $22,535 |
| AP BENEFIT ADVISORS LLC | Investment Advisor | — | $16,194 | $16,194 |
| ANTHEM | Investment Advisor | $9,674 | — | $9,674 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM HEALTH PLANS OF VIRGINIA INC — Recordkeeper
- ANTHEM — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $549,720
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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |