Plan Snapshot
- Plan Sponsor: Virnig Manufacturing INC
- Sponsor EIN: 411782634
- Sponsor Address: 101 GATEWAY DR NE, RICE, MN, 563674592
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $10.3M
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 | 174 | $10.3M | $361,461 | $652,790 |
| 2023 | 207 | $8.5M | $375,689 | $691,335 |
| 2022 | 249 | $6.6M | $353,295 | $669,550 |
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 |
|---|---|---|---|---|
| LB CARLSON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LB CARLSON, 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 | $22,860 | — | $22,860 | — | — |
| 2023 | $20,900 | — | $20,900 | — | — |
| 2022 | $26,295 | — | $26,295 | — | — |