V.I.P. Mortgage, Inc.401(k)
STRUNK HR, LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
V.I.P. Mortgage, Inc. reported $161,169 in plan administrative expenses for 2022: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 359th-largest of 1,285 plans among Arizona employers on file, and 2,994th of 4,798 in finance & insurance. In 2022, employees put in $813626.25 for every $1.00 the employer contributed.
V.I.P. Mortgage, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 421720343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.