Plan Ledger DOL Form 5500 · updated monthly

V-T Industries, Inc.401(k)

V-T INDUSTRIES, INC. RETIREMENT/SAVINGS PLAN · HOLSTEIN, IA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

V-T Industries, Inc. reported $114,556 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,380 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 0.44% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 87th-largest of 878 plans among Iowa employers on file, and the 1,767th of 13,661 in manufacturing. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has grown from 1,157 to 1,739 since 2022.

Plan summary
Net assets, end of year$110,588,518
Participants with balances2,001
Active participants1,739
Employer contributions$2,399,625
Employee contributions$6,536,658
Employer contribution per active participant$1,380
Average account balance$55,267
Benefits paid to participants$11,011,132
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$110.6M · 2,001 accts · $2.4M emplr
2023$99.1M · 1,891 accts · $2.2M emplr
2022$61.5M · 1,533 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,431
Investment management$21,125
Total administrative$114,556
The V-T Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,380
Median for plans this size$3,635
2024$1,380 per active participant
2023$1,452 per active participant
2022$1,177 per active participant

V-T Industries, Inc.'s 2024 employer contribution ran below the $3,635 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$93,431
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,125

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

Administrative cost history3
2024$114,556 · 0.11%
2023$107,651 · 0.13%
2022$307,306 · 0.44%
Same employer
Similar plansManufacturing · Iowa
The Finway Group IA$146.2M · 0.77%
Roquette America, Inc. IA$140.2M · 0.14%
Chesterman Company IA$128.4M · 0.38%
Wilson Trailer Company IA$101.0M · 0.13%
Efco Corp. IA$100.5M · 0.06%
Cpm Acquisition Corp. IA$96.6M · 0.24%
Sabre Industries, Inc. IA$93.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420771969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.