Plan Ledger DOL Form 5500 · updated monthly

E. J. Victor, Inc.401(k)

E.J. VICTOR, INC. 401(K) RETIREMENT PLAN · MORGANTON, NC · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

E. J. Victor, Inc. reported $9,881 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $537 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 2 years on file its reported administrative ratio rose from 0.24% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,603rd of 2,005), and 11,976th of 13,661 in manufacturing. In 2022, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,563,802
Participants with balances125
Active participants136
Employer contributions$73,027
Employee contributions$193,267
Employer contribution per active participant$537
Average account balance$28,510
Benefits paid to participants$653,229
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 106 accts · $56K emplr
2023$3.2M · 134 accts · $77K emplr
2022$3.6M · 125 accts · $73K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,881
Total administrative$9,881
The E. J. Victor, Inc. 401(k) match · 2022
Employer contribution per active participant$537
Median for plans this size$1,114
2024$7,031 per active participant
2023$533 per active participant
2022$537 per active participant

E. J. Victor, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$9,310 · 0.32%
2023$8,619 · 0.25%
2022$9,881 · 0.24%
Same employer
Similar plansManufacturing · North Carolina
Tenowo, Inc. NC$3.7M · 0.11%
Yanjan USA LLC NC$3.7M · 0.69%
Adelie Investment II LLC NC$3.6M · 0.00%
Bossong Hosiery, Inc. NC$3.4M · 0.39%
Iq Brands Inc NC$3.4M · 0.58%
East Fork Pottery, LLC NC$3.4M · 0.14%
Capel, Incorporated NC$3.3M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581868552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.