Plan Ledger DOL Form 5500 · updated monthly

Cliff Viessman, Inc.401(k)

VIESSMAN GROUP EMPLOYEES 401(K) AND PROFIT SHARING PLAN · GARY, SD · plan year 2025

Reported admin expense ratio · 2025
0.48%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Cliff Viessman, Inc. reported $89,621 in plan administrative expenses for 2025: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,821 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 4 years on file its reported administrative ratio has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 93rd-largest of 233 plans among South Dakota employers on file, and the 745th of 2,677 in transportation & warehousing. In 2025, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,663,640
Participants with balances457
Active participants393
Employer contributions$715,823
Employee contributions$667,977
Employer contribution per active participant$1,821
Average account balance$43,028
Benefits paid to participants$2,631,613
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE CUMPSTON & ASSOCIATES
Plan history4
Yearassets · accounts · employer contribution
2025$19.7M · 457 accts · $716K emplr
2024$17.9M · 516 accts · $772K emplr
2023$16.5M · 511 accts · $745K emplr
2022$14.7M · 473 accts · $728K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$38,502
Investment management$36,505
Audit (IQPA)$13,500
Total administrative$89,621
The Cliff Viessman, Inc. 401(k) match · 2025
Employer contribution per active participant$1,821
Median for plans this size$2,666
2025$1,821 per active participant
2024$2,010 per active participant
2023$1,771 per active participant
2022$1,967 per active participant

Cliff Viessman, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
DEFINITI, LLC · Contract administrator · Recordkeeping$64,523
EDWARD JONES · Investment advisory (plan)$36,505
LAWRENCE CUMPSTON & ASSOCIATES · Accounting / audit$13,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Definiti
2024Definiti
2023Definiti, RETIREMENT, LLC

This plan has changed recordkeepers within these filings. If you left Cliff Viessman, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$89,621 · 0.48%
2024$86,400 · 0.50%
2023$65,817 · 0.42%
2022$77,157 · 0.46%
Similar plansTransportation & Warehousing · South Dakota
Johnson Feed, Inc. SD$21.8M · 0.23%
Hilco Holdings, Inc. NC$19.7M · 0.64%
G2 Secure Staff, L.L.C. TX$19.7M · 1.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920178875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.