Plan Ledger DOL Form 5500 · updated monthly

Holding Co. V&VESOP

INONTIME, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ZEELAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Holding Co. V&V reported $520 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $833 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 fell from 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (2,113th of 2,619), and 1,768th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$4,101,408
Participants with balances362
Active participants333
Employer contributions$277,406
Employee contributions—
Employer contribution per active participant$833
Average account balance$11,330
Benefits paid to participants$277,254
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 362 accts · $277K emplr
2023$3.4M · 344 accts · $171K emplr
2022$3.1M · 332 accts · $254K emplr
Employer contributions to the Holding Co. V&V plan · 2024
Employer contribution per active participant$833
Median for plans this size$1,313
2024$833 per active participant
2023$545 per active participant
2022$839 per active participant

Holding Co. V&V's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$520 · 0.01%
2023$522 · 0.02%
2022$556 · 0.02%
Similar plansTransportation & Warehousing · Michigan
Hsd Operations, Inc. MI$4.5M · 0.66%
Day & Ross USA, Inc. MI$4.4M · 0.39%
Mlt Transport, LLC MI$3.9M · 0.88%
Roth Trucking, Inc. MI$3.4M · 1.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383430877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.