Plan Ledger DOL Form 5500 · updated monthly

Virtus Corporation Inc.401(k)

VIRTUS CORPORATION INC. A DELAWARE CORPORATION · DUNCANSVILLE, PA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Virtus Corporation Inc. reported $2,525 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,726 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 1 year on file its reported administrative ratio rose from 0.01% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,282nd-largest of 3,651 plans among Pennsylvania employers on file, and the 4,883rd of 13,661 in manufacturing. In 2022, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,870,619
Participants with balances248
Active participants211
Employer contributions$997,175
Employee contributions$1,314,154
Employer contribution per active participant$4,726
Average account balance$108,349
Benefits paid to participants$3,343,565
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN, YANAK & FORD, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$557K · 3 accts · $645K emplr
2022$26.9M · 248 accts · $997K emplr
The Virtus Corporation Inc. 401(k) match · 2022
Employer contribution per active participant$4,726
Median for plans this size$2,266
2023$215,019 per active participant
2022$4,726 per active participant

Virtus Corporation Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 history2
2023$11,775 · 0.09%
2022$2,525 · 0.01%
Similar plansManufacturing · Pennsylvania
Rigidply Rafters, Inc. PA$27.3M · 0.01%
Corry Manufacturing Company PA$27.1M · 0.28%
Resin Solutions, LLC PA$26.7M · 0.29%
Tyndale Enterprises, Inc. PA$26.4M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 261806994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.