Plan Snapshot
- Plan Sponsor: Vitae Health Systems
- Sponsor EIN: 825405526
- Sponsor Address: 303 E WACKER DR., SUITE 2102, CHICAGO, IL, 60601
- Plan Type: 401(k)
- Total Participants: 249
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 249 | $4.1M | $122,069 | $948,180 |
| 2023 | 214 | $3.0M | $93,796 | $761,634 |
| 2022 | 89 | $1.4M | $36,871 | $422,529 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $45,597 | — | $45,597 |
| RAYMOND JAMES | Investment Advisor | — | $15,822 | $15,822 |
| ORENDA RETIREMENMT LLC | Recordkeeper | $9,688 | $1,694 | $11,382 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,801
- Estimated Expense Ratio: 1.781% 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 | $55,283 | — | $55,283 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |