Plan Snapshot
- Plan Sponsor: Virginia Tile Company, LLC
- Sponsor EIN: 381784315
- Sponsor Address: 28320 PLYMOUTH ROAD, LIVONIA, MI, 48150
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $33.4M
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 | 352 | $33.4M | $752,404 | $2.1M |
| 2023 | 377 | $33.1M | $679,285 | $1.9M |
| 2022 | 365 | $28.4M | $606,979 | $1.7M |
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 |
|---|---|---|---|---|
| SENTINEL BENEFITS GROUP, INC. | RECORD KEEPER | $67,674 | — | $67,674 |
| CAPTRUST FINANCIAL ADVISORS | ADVISOR | $53,060 | — | $53,060 |
| ACTIUM LLC | ADVISOR | $27,337 | — | $27,337 |
| CHARLES SCHWAB TRUST BANK | CUSTODIAN | $10,239 | — | $10,239 |
| METZ CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP, INC. — RECORD KEEPER
- CHARLES SCHWAB TRUST BANK — CUSTODIAN
- METZ CPA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,310
- Estimated Expense Ratio: 0.474% 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 | $158,400 | $80,397 | — | — | — |
| 2023 | $144,476 | $80,462 | — | — | — |
| 2022 | $137,824 | $83,185 | — | — | $54,639 |