Plan Snapshot
- Plan Sponsor: Vonage Holdings Corp
- Sponsor EIN: 113547680
- Sponsor Address: 101 CRAWFORDS CORNER ROAD, HOLMDEL, NJ, 07733
- Plan Type: 401(k)
- Total Participants: 1,218
- Total Assets: $289.3M
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 | 1,218 | $289.3M | $4.8M | $16.9M |
| 2023 | 1,093 | $241.1M | $4.8M | $15.9M |
| 2022 | 1,130 | $186.3M | $4.0M | $15.4M |
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 |
|---|---|---|---|---|
| WITHUM SMITH/BROWN PC | Auditor | $7,800 | — | $7,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH/BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,800
- Estimated Expense Ratio: 0.003% 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 | $191,721 | $122,546 | — | $7,800 | — |
| 2023 | $144,034 | $132,074 | — | $11,960 | — |
| 2022 | $50,479 | $57,467 | — | — | — |