Plan Snapshot
- Plan Sponsor: Vormittag Associates INC
- Sponsor EIN: 112532460
- Sponsor Address: 120 COMAC ST, RONKONKOMA, NY, 117796933
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $38.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 185 | $38.0M | $0 | $2.0M |
| 2023 | 188 | $32.4M | $0 | $2.0M |
| 2022 | 190 | $27.1M | $0 | $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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER | Investment Advisor | $57,887 | — | $57,887 |
| PAYCHEX, INC. | Recordkeeper | $43,636 | — | $43,636 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,523
- Estimated Expense Ratio: 0.267% 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 | $101,843 | $57,887 | $43,636 | — | — |
| 2023 | $90,933 | $52,990 | $37,434 | — | — |
| 2022 | $127,170 | $90,583 | $36,587 | — | — |