Plan Ledger DOL Form 5500 · updated monthly

Vadatech Inc401(k)

VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST · HENDERSON, NV · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Vadatech Inc reported $67,838 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,282 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 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Nevada (230th of 437), and 1,863rd of 3,341 in other services. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 139 to 191 since 2022.

Plan summary
Net assets, end of year$8,060,458
Participants with balances292
Active participants191
Employer contributions$435,892
Employee contributions$572,860
Employer contribution per active participant$2,282
Average account balance$27,604
Benefits paid to participants$435,055
Plan auditDisclaimer of opinion
AuditorELLSWORTH & STOUT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 292 accts · $436K emplr
2023$6.5M · 221 accts · $382K emplr
2022$5.3M · 201 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,317
Investment management$20,521
Total administrative$67,838
The Vadatech Inc 401(k) match · 2024
Employer contribution per active participant$2,282
Median for plans this size$1,313
2024$2,282 per active participant
2023$2,066 per active participant
2022$1,958 per active participant

Vadatech Inc's 2024 employer contribution ran above the $1,313 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$3,188
MERRILL LYNCH · Investment advisory (participants)$20,521

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,838 · 0.93%
2023$56,969 · 0.96%
2022$53,259 · 0.95%
Similar plansOther Services · Nevada
Community Services Agency NV$8.7M · 0.07%
Sobel Westex, Inc. NV$7.8M · 0.32%
V Shred, LLC NV$5.9M · 0.17%
C. Martin Company, Inc. NV$5.3M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201461611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.