Plan Snapshot
- Plan Sponsor: Virtu Financial Operating LLC
- Sponsor EIN: 262211621
- Sponsor Address: 1633 BROADWAY, NEW YORK, NY, 10019
- Plan Type: DC
- Total Participants: 630
- Total Assets: $659.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 630 | $659.6M | $0 | $16.2M |
| 2023 | 656 | $578.7M | $0 | $15.1M |
| 2022 | 653 | $486.1M | $0 | $13.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $96,024 | — | $96,024 |
| EISNERAMPER LLP | ACCOUNTANT/AUDITOR | $37,440 | — | $37,440 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $27,412 | — | $27,412 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- EISNERAMPER LLP — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,876
- Estimated Expense Ratio: 0.024% 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 | $192,267 | $27,412 | — | $37,440 | — |
| 2023 | $278,774 | $19,865 | $900 | $126,909 | — |
| 2022 | $264,526 | $13,721 | — | — | — |