Virtual Business Office Associates, Inc 401(k) Plan: Login, Facts & Contact Information

Virtual Business Office Associates, Inc 401(k) Plan Facts

Plan name
VIRTUAL BUSINESS OFFICE ASSOCIATES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VIRTUAL BUSINESS OFFICE ASSOCIATES, INC
Participants
765 (729 active employees)
Former employees with a balance
39
Plan assets
$3,745,263 at Dec 31, 2024
Average account balance
$9,270 across 404 accounts
Employer contributions
$183,437 in plan year 2024 (13% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 2012
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.38 million went into the plan in contributions, $183,437 of it from the employer (13%).
  • $402,117 was paid out to participants.
  • Investment and other income added $388,328.
  • Administrative expenses were $82,704, about $205 per account.

How the Virtual Business Office Associates, Inc 401(k) changed, 2017–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017196$662,036$24,212$27,309
2018305$662,474$41,591$173,639
2019381$1.05 million$68,146$102,246
2022479$1.75 million$121,303$509,317
2023764$2.46 million$151,411$472,721
2024765$3.75 million$183,437$402,117

Virtual Business Office Associates, Inc 401(k) Contact Information

Phone
803-806-8125
Mailing address
1441 MAIN STREET, SUITE 890, COLUMBIA SC 29201
Plan sponsor
VIRTUAL BUSINESS OFFICE ASSOCIATES, INC
Employer identification number (EIN)
20-3099659
Plan number
101

Questions about the Virtual Business Office Associates, Inc 401(k)

Does Virtual Business Office Associates, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $183,437, 13% of all contributions.

Does the Virtual Business Office Associates, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Virtual Business Office Associates, Inc 401(k) plan?

765 participants at the start of plan year 2024, 729 of them active employees, and 39 former employees who still had money in the plan.

What is the average 401(k) balance at Virtual Business Office Associates, Inc?

About $9,270 per account: $3.75 million in plan assets across 404 accounts with a balance at the end of plan year 2024.

Who manages the Virtual Business Office Associates, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Virtual Business Office Associates, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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