Plan Snapshot
- Plan Sponsor: Vizance, INC.
- Sponsor EIN: 391309381
- Sponsor Address: 1320 WALNUT RIDGE DRIVE, SUITE 200, HARTLAND, WI, 53029
- Plan Type: 401(k)
- Total Participants: 277
- Total Assets: $20.6M
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 | 277 | $20.6M | $657,937 | $1.4M |
| 2023 | 178 | $15.3M | $573,721 | $1.3M |
| 2022 | 180 | $12.1M | $521,334 | $1.1M |
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 O | RECORDKEEPER | $72,196 | — | $72,196 |
| OSAIC WEALTH | BROKER/ADVISE R | — | $36,388 | $36,388 |
| BLUE CHIP RETIREMENT PLANS INC. | CONTRACT ADMIN | $2,100 | $10,000 | $12,100 |
| WORLD INVESTMENT ADVISORS, LLC | INVESTMENT ADVISOR | $9,936 | — | $9,936 |
| COTA STREET INVESTMENT MANAGEMENT | INVESTMENT MGMT | $8,911 | — | $8,911 |
| QBCO ASSURANCE, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,531
- Estimated Expense Ratio: 0.678% 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 | $89,706 | — | $89,706 | — | — |
| 2023 | $79,450 | — | $79,450 | — | — |
| 2022 | $74,241 | — | $74,241 | — | — |