Plan Snapshot
- Plan Sponsor: Vontier Business Services LLC
- Sponsor EIN: 852604205
- Sponsor Address: 5438 WADE PARK BVLD, RALEIGH, NC, 27607
- Plan Type: 401(k)
- Total Participants: 789
- Total Assets: $56.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 789 | $56.0M | $2.2M | $2.3M |
| 2023 | 819 | $60.9M | $2.3M | $2.3M |
| 2022 | 951 | $57.7M | $2.4M | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $43,083 | — | $43,083 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $28,025 | — | $28,025 |
| ERNST AND YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- ERNST AND YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,108
- Estimated Expense Ratio: 0.127% 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 | $71,110 | $28,025 | $300 | — | — |
| 2023 | $76,649 | $25,046 | — | — | — |
| 2022 | $110,597 | $27,063 | — | — | — |