Plan Ledger DOL Form 5500 · updated monthly

Salina Vortex Corp.401(k)

SALINA VORTEX EMPLOYEES' RETIREMENT PLAN · SALINA, KS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Salina Vortex Corp. reported $106,348 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,129 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 0.46% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 246th-largest of 828 plans among Kansas employers on file, and the 4,971st of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,142,745
Participants with balances469
Active participants404
Employer contributions$860,019
Employee contributions$1,646,393
Employer contribution per active participant$2,129
Average account balance$55,741
Benefits paid to participants$1,978,528
Plan auditUnmodified (clean) audit opinion
AuditorSWINDOLL, JANZEN, HAWK & LOYD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 469 accts · $860K emplr
2023$22.8M · 455 accts · $839K emplr
2022$18.2M · 435 accts · $693K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,175
Investment management$38,528
Trustee / custodial$8,645
Total administrative$106,348
The Salina Vortex Corp. 401(k) match · 2024
Employer contribution per active participant$2,129
Median for plans this size$2,416
2024$2,129 per active participant
2023$2,102 per active participant
2022$1,843 per active participant

Salina Vortex Corp.'s 2024 employer contribution ran below the $2,416 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 · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$59,175
MONETA GRP. INVESTMENT ADVISORS LLC · Investment management$38,528
NEWPORT TRUST COMPANY · Trustee$8,645

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$106,348 · 0.43%
2023$97,719 · 0.48%
2022$89,297 · 0.46%
Same employer
Similar plansManufacturing · Kansas
Sor, Inc. KS$28.0M · 0.11%
Hme, Inc. KS$27.7M · 0.52%
Sharpline Converting, Inc. KS$27.2M · 0.49%
Pioneer Balloon Company KS$26.2M · 0.35%
Bunting Group, Inc. KS$23.8M · 0.31%
Redguard, LLC KS$23.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480864772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.