Plan Snapshot
- Plan Sponsor: Vision Point Systems, INC.
- Sponsor EIN: 300121317
- Sponsor Address: 3951 PENDER DRIVE SUITE 115, FAIRFAX, VA, 22030
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $12.3M
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. |
|---|---|---|---|---|
| 2024 | 152 | $12.3M | $479,727 | $874,423 |
| 2023 | 134 | $9.5M | $419,677 | $750,473 |
| 2022 | 127 | $7.9M | $397,470 | $685,969 |
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 - EPS | INVESTMENT ADVISORY | — | $15,966 | $15,966 |
| MERRILL LYNCH - FAS | INVESTMENT ADVISORY | — | $14,942 | $14,942 |
| BRONTIDE LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRONTIDE LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,908
- Estimated Expense Ratio: 0.251% 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 | $74,392 | $30,908 | $43,484 | — | — |
| 2023 | $63,710 | $25,397 | $38,313 | — | — |
| 2022 | $57,375 | $23,068 | $34,307 | — | — |