Plan Snapshot
- Plan Sponsor: Vita-Mix Holdings Company
- Sponsor EIN: 340084909
- Sponsor Address: 8615 USHER ROAD, CLEVELAND, OH, 44138
- Plan Type: 401(k)
- Total Participants: 561
- Total Assets: $76.7M
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 | 561 | $76.7M | $1.4M | $4.6M |
| 2023 | 695 | $73.1M | $1.4M | $4.5M |
| 2022 | 747 | $60.5M | $1.5M | $4.6M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $109,627 | — | $109,627 |
| BENEFITS CONSULTING GROUP LLC | NONE | $48,467 | — | $48,467 |
| MALONEY NOVOTNY LLC | NONE | $19,200 | — | $19,200 |
| GLOBAL RETIREMENT PARTNERS LLC | NONE | $16,927 | — | $16,927 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- MALONEY NOVOTNY LLC — NONE
- GLOBAL RETIREMENT PARTNERS LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $194,221
- Estimated Expense Ratio: 0.253% 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 | $194,222 | $71,055 | — | $19,200 | — |
| 2023 | $163,358 | $60,646 | $9,000 | — | — |
| 2022 | $173,277 | $58,884 | — | — | $15,000 |