Plan Snapshot
- Plan Sponsor: Vygon Corporation Us, LLC
- Sponsor EIN: 222505335
- Sponsor Address: 2750 MORRIS ROAD, SUITE A200, LANSDALE, PA, 19446
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 53
- Total Assets: $161,534
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 53 | $161,534 | $706,156 | $270,594 |
| 2023 | 62 | $185,744 | $661,908 | $242,622 |
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 |
|---|---|---|---|---|
| HEALTH PLANS, INC | Other Service Provider | $38,665 | — | $38,665 |
| THE BENECON GROUP, LLC | Investment Advisor | $13,336 | — | $13,336 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,001
- Estimated Expense Ratio: 32.192% 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 | $958,856 | — | — | — | — |
| 2023 | $903,042 | — | — | — | — |