Plan Snapshot
- Plan Sponsor: Vnc LLC
- Sponsor EIN: 815047517
- Sponsor Address: 21 DRYDOCK AVENUE, SUITE 610W, BOSTON, MA, 02210
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $30.7M
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 | 188 | $30.7M | $1.1M | $2.7M |
| 2023 | 183 | $25.2M | $999,329 | $2.3M |
| 2022 | 175 | $18.6M | $787,748 | $1.8M |
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 |
|---|---|---|---|---|
| GRAY, GRAY & GRAY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $93,075 | $53,658 | $39,417 | — | — |
| 2023 | $70,486 | $40,323 | $30,163 | — | — |
| 2022 | $59,455 | $34,600 | $24,855 | — | — |