Plan Snapshot
- Plan Sponsor: Vocational Instructional Project Community Services, INC.
- Sponsor EIN: 133224700
- Sponsor Address: 770 EAST 176TH ST, BRONX, NY, 10460
- Plan Type: DC
- Total Participants: 568
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 568 | $8.6M | $974,357 | $1.2M |
| 2023 | 520 | $6.2M | $934,796 | $957,469 |
| 2022 | 378 | $3.9M | $1.4M | $705,347 |
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 |
|---|---|---|---|---|
| BENEFIT PLAN ADMIN SERVICES | N/A | $26,370 | — | $26,370 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,370
- Estimated Expense Ratio: 0.307% 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 | $29,902 | — | — | — | — |
| 2023 | $16,114 | — | — | — | — |
| 2022 | $11,677 | — | — | — | $11,677 |