Plan Snapshot
- Plan Sponsor: Vygon Corporation
- Sponsor EIN: 232164672
- Sponsor Address: 2750 MORRIS RD STE A200, LANSDALE, PA, 19446
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $5.9M
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 | 59 | $5.9M | $231,786 | $410,969 |
| 2023 | 65 | $5.8M | $161,911 | $404,021 |
| 2022 | 78 | $5.3M | $158,889 | $376,950 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | INVESTMENT/FINANCIAL ADVI | $17,549 | — | $17,549 |
| ADP, INC. | RECORD KEEPER | $14,314 | — | $14,314 |
| BAKER NEWMAN NOYES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,863
- Estimated Expense Ratio: 0.542% 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 | $31,863 | $17,549 | — | — | — |
| 2023 | $31,004 | $16,731 | — | — | — |
| 2022 | $27,136 | — | — | — | — |