Plan Snapshot
- Plan Sponsor: Virtual Incorporated
- Sponsor EIN: 043481758
- Sponsor Address: 401 EDGEWATER PLACE, SUITE 600, WAKEFIELD, MA, 01880
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 160 | $12.7M | $216,814 | $1.1M |
| 2023 | 174 | $10.6M | $284,989 | $1.2M |
| 2022 | 180 | $8.3M | $247,321 | $1.2M |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $22,080 | — | $22,080 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,854 | — | $16,854 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,934
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 |
|---|---|---|---|---|---|
| 2025 | $27,301 | $7,530 | — | — | — |
| 2024 | $41,874 | $25,020 | — | — | — |
| 2023 | $35,975 | $19,686 | — | — | — |
| 2022 | $28,960 | $422 | — | — | — |