Plan Snapshot
- Plan Sponsor: Virginia Truck Center, INC.
- Sponsor EIN: 540481876
- Sponsor Address: 267 LEE HIGHWAY, ROANOKE, VA, 24019
- Plan Type: 401(k)
- Total Participants: 712
- Total Assets: $38.4M
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 | 712 | $38.4M | $1.2M | $3.7M |
| 2023 | 670 | $29.2M | $1.0M | $3.2M |
| 2022 | 658 | $23.6M | $607,657 | $2.8M |
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 |
|---|---|---|---|---|
| SPENCER, HAGER & MOSDELL P.C. | Auditor | $12,750 | — | $12,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,750
- Estimated Expense Ratio: 0.033% 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 | $186,580 | $111,135 | — | $12,750 | — |
| 2023 | $147,213 | $87,623 | — | $11,880 | — |
| 2022 | $46,750 | $20,835 | — | — | $11,000 |