Plan Ledger DOL Form 5500 · updated monthly

V & L Management Company, Inc.401(k)

V & L MANAGEMENT COMPANY, INC. 401(K) PLAN · WACO, TX · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

V & L Management Company, Inc. reported $35,596 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $2,370 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 has held roughly steady near 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,691st of 5,688), and 10,377th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,613,823
Participants with balances109
Active participants98
Employer contributions$232,306
Employee contributions$393,546
Employer contribution per active participant$2,370
Average account balance$60,677
Benefits paid to participants$375,623
Plan auditUnmodified (clean) audit opinion
AuditorJAMES MILLER, CPA PC
Plan history2
Yearassets · accounts · employer contribution
2024$6.6M · 109 accts · $232K emplr
2023$5.5M · 114 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,875
Investment management$32,721
Total administrative$35,596
The V & L Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,370
Median for plans this size$1,313
2024$2,370 per active participant
2023$3,530 per active participant

V & L Management Company, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$35,596 · 0.59%
2023$29,445 · 0.61%
Similar plansManufacturing · Texas
Kureha America, Inc. TX$6.8M · 0.11%
Rebel Athletic, Inc. TX$6.7M · 0.83%
Pure Safety Group, Inc. TX$6.6M · 0.14%
Komico Technology Inc. TX$6.6M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742505332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.