Plan Ledger DOL Form 5500 · updated monthly

V2SOFT, Inc.401(k)

V2SOFT, INC. 401(K) PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

V2SOFT, Inc. reported $3,279 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% 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.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,366th of 2,619), and 7,193rd of 11,654 in professional & technical services. active participation has grown from 205 to 254 since 2022.

Plan summary
Net assets, end of year$12,652,097
Participants with balances214
Active participants254
Employer contributions$0
Employee contributions$1,065,295
Employer contribution per active participant$0
Average account balance$59,122
Benefits paid to participants$695,260
Plan auditUnmodified (clean) audit opinion
AuditorNPD GROUP CPA, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 214 accts
2023$10.0M · 171 accts
2022$7.6M · 155 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$519
Investment management$2,760
Total administrative$3,279
The V2SOFT, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

V2SOFT, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$519

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$3,279 · 0.03%
2023$3,551 · 0.04%
2022$4,903 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Michigan
Continental Management, LLC MI$13.1M · 0.85%
Munro & Associates, Inc. MI$13.0M · 0.38%
Applus MI$12.5M · 0.30%
Accurate Technologies Inc. MI$12.3M · 0.24%
Cco Communications, Inc. MI$12.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383402472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.