Plan Snapshot
- Plan Sponsor: Vision Hospitality Group, INC.
- Sponsor EIN: 141912384
- Sponsor Address: 411 BROAD STREET, SUITE 401, CHATTANOOGA, TN, 37402
- Plan Type: 401(k)
- Total Participants: 956
- Total Assets: $3.3M
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 | 956 | $3.3M | $88,280 | $555,239 |
| 2023 | 608 | $3.1M | $80,301 | $468,719 |
| 2022 | 629 | $2.4M | $59,095 | $367,577 |
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 |
|---|---|---|---|---|
| HENDERSON HUTCHERSON & MCCULLOUGH | Auditor | — | — | $0 |
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 | $40,364 | — | — | — | — |
| 2023 | $38,646 | $38,646 | — | — | — |
| 2022 | $25,302 | $25,069 | — | — | — |