Plan Ledger DOL Form 5500 · updated monthly

V.T. Construction, Inc.401(k)

V.T. CONSTRUCTION, INC. RETIREMENT SAVINGS PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

V.T. Construction, Inc. reported $44,762 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,500 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 3 years on file its reported administrative ratio has held roughly steady near 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Nevada (306th of 437), and 4,268th of 5,337 in construction. In 2024, the employer put in $2.78 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,878,026
Participants with balances149
Active participants131
Employer contributions$720,467
Employee contributions$259,062
Employer contribution per active participant$5,500
Average account balance$26,027
Benefits paid to participants$163,589
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 149 accts · $720K emplr
2023$2.8M · 138 accts · $220K emplr
2022$2.3M · 134 accts · $254K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,132
Investment management$1,630
Total administrative$44,762
The V.T. Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$5,500
Median for plans this size$1,313
2024$5,500 per active participant
2023$1,410 per active participant
2022$1,777 per active participant

V.T. Construction, 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.

Service providers · 20242
SUMMIT GLOBAL INVESTMENTS, LLC · Recordkeeping · Investment advisory (participants)$10,464
PROACCOUNT · Plan administrator · Loan processing$10,726

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

Recordkeeper by year2
2024SUMMIT GLOBAL INVESTMENTS, LLC
2023Nationwide

This plan has changed recordkeepers within these filings. If you left V.T. Construction, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,762 · 1.34%
2023$36,019 · 1.41%
2022$32,777 · 1.36%
Same employer
Similar plansConstruction · Nevada
Hirschi Companies, LLC NV$4.4M · 0.12%
R. P. Weddell & Sons Co. NV$4.2M · 1.98%
Sunrise Carpentry, Inc. NV$3.4M · 0.69%
Pwi Construction, Inc. NV$3.1M · 0.34%
Dtlv Employees LLC NV$2.6M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880356131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.