Plan Snapshot
- Plan Sponsor: Vitaquest International LLC
- Sponsor EIN: 202319461
- Sponsor Address: 8 HENDERSON DRIVE, WEST CALDWELL, NJ, 07006
- Plan Type: 401(k)
- Total Participants: 627
- Total Assets: $65.8M
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 | 627 | $65.8M | $1.6M | $3.0M |
| 2023 | 561 | $61.5M | $1.7M | $3.3M |
| 2022 | 558 | $57.0M | $1.5M | $2.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $197,177 | — | $197,177 |
| PRIME PENSIONS, INC. | THIRD PARTY ADMINISTRATO | $14,425 | $18,604 | $33,029 |
| FORVIS MAZARS, LLP | AUDITOR | $20,132 | — | $20,132 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,338
- Estimated Expense Ratio: 0.380% 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 | $235,539 | $3,805 | $14,425 | $20,132 | — |
| 2023 | $4,658 | — | $4,658 | — | — |
| 2022 | $22,960 | — | $22,960 | — | — |