Plan Snapshot
- Plan Sponsor: Vpg Transformers Group LLC
- Sponsor EIN: 900997749
- Sponsor Address: 7850 COLLIN MCKINNEY PARKWAY, MCKINNEY, TX, 75070
- Plan Type: 401(k)
- Total Participants: 337
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 337 | $7.3M | $321,233 | $929,915 |
| 2023 | 331 | $6.3M | $293,708 | $786,789 |
| 2022 | 258 | $5.3M | $306,601 | $826,279 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES | INVESTMENT ADV. - PLAN | $27,043 | — | $27,043 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | RECORD KEEPER | $22,150 | — | $22,150 |
| TRANSAMERICA FINANCIAL LIFE | RECORD KEEPER | $9,744 | — | $9,744 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICES — INVESTMENT ADV. - PLAN
- ADMIN. GROUP, LLC DBA TAG RESOURCES — RECORD KEEPER
- TRANSAMERICA FINANCIAL LIFE — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,937
- Estimated Expense Ratio: 0.812% 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 | $63,437 | $27,043 | — | $4,500 | — |
| 2023 | $49,255 | $16,873 | — | — | — |
| 2022 | $32,783 | — | — | — | — |