Plan Snapshot
- Plan Sponsor: Vsm Abrasives Corporation
- Sponsor EIN: 431136835
- Sponsor Address: 1012 E. WABASH ST, O FALLON, MO, 63366
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $21.9M
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 | 140 | $21.9M | $656,188 | $848,226 |
| 2023 | 153 | $19.1M | $638,267 | $861,399 |
| 2022 | 134 | $17.5M | $618,829 | $811,214 |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Recordkeeper | $13,351 | — | $13,351 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | — | $9,908 | $9,908 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,259
- Estimated Expense Ratio: 0.106% 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 | $15,006 | $1,655 | — | — | — |
| 2023 | $16,236 | $1,948 | — | — | — |
| 2022 | $17,700 | $3,016 | — | — | — |