Plan Snapshot
- Plan Sponsor: Vph Motor Corp
- Sponsor EIN: 660490437
- Sponsor Address: PO BOX 365046, SAN JUAN, PR, 009365046
- Plan Type: DC
- Plan Number: 002
- Total Participants: 225
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 225 | $5.4M | $204,403 | $475,899 |
| 2023 | 240 | $4.6M | $247,830 | $647,098 |
| 2022 | 235 | $3.7M | $116,963 | $663,901 |
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 PLANS ADMIN SERVICES, INC. | Recordkeeper | $21,718 | — | $21,718 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,718
- Estimated Expense Ratio: 0.402% 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 | $23,199 | $1,481 | $20,798 | — | — |
| 2023 | $18,903 | — | $18,903 | — | — |
| 2022 | $20,345 | — | $20,345 | — | — |