Plan Snapshot
- Plan Sponsor: Vision Government Solutions, INC
- Sponsor EIN: 042867314
- Sponsor Address: 1 CABOT ROAD, SUITE #100, HUDSON, MA, 01749
- Plan Type: 401(k)
- Total Participants: 399
- Total Assets: $18.6M
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 | 399 | $18.6M | $142,724 | $1.6M |
| 2023 | 356 | $16.2M | $149,709 | $1.6M |
| 2022 | 147 | $8.9M | $86,452 | $964,684 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $15,907 | — | $15,907 |
| ADP, INC. | Recordkeeper | $6,084 | — | $6,084 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,991
- Estimated Expense Ratio: 0.118% 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 | $21,991 | $15,907 | — | — | — |
| 2023 | $15,873 | $12,456 | — | — | — |
| 2022 | $10,966 | — | — | — | — |