Plan Ledger DOL Form 5500 · updated monthly

Master Vac Industrial Services, LLC401(k)

MASTERVAC AND DYNAMIC COMPANIES 401(K) PLAN · GEISMAR, LA · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Master Vac Industrial Services, LLC reported $96,373 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,570 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 1.07% to 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Louisiana (474th of 884), and 1,199th of 2,096 in real estate & leasing. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,730,730
Participants with balances161
Active participants202
Employer contributions$317,075
Employee contributions$768,361
Employer contribution per active participant$1,570
Average account balance$54,228
Benefits paid to participants$849,969
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 161 accts · $317K emplr
2023$7.8M · 187 accts · $349K emplr
2022$6.6M · 181 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,373
Total administrative$96,373
The Master Vac Industrial Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,570
Median for plans this size$1,313
2024$1,570 per active participant
2023$1,519 per active participant
2022$1,985 per active participant

Master Vac Industrial Services, LLC's 2024 employer contribution ran above 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.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$38,431
SENTINEL PENSION, LLC · Recordkeeping · Loan processing$18,077
REGIONS BANK · Investment advisory (plan)$39,699

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

Recordkeeper by year2
2024SENTINEL PENSION, LLC, Transamerica
2023SENTINEL PENSION, LLC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,373 · 1.17%
2023$77,256 · 1.07%
2022$76,250 · 1.07%
Same employer
Similar plansReal Estate & Leasing · Louisiana
Sealy and Company LLC LA$14.0M · 0.36%
Stirling Properties, LLC LA$10.6M · 0.40%
Gulfstream Services Inc. LA$10.4M · 0.05%
Standard Enterprises, Inc. LA$10.1M · 0.39%
Vintage Realty Company LA$4.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721480067 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.