Plan Ledger DOL Form 5500 · updated monthly

Vaderstad Inc.401(k)

VADERSTAD, INC. 401(K) PLAN · WAHPETON, ND · plan year 2022

Reported admin expense ratio · 2022
0.75%

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

Vaderstad Inc. reported $20,477 in plan administrative expenses for 2022: 0.75% of average plan assets, above the peer median. Employer contributions averaged $651 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Dakota (261st of 279), and 12,660th of 13,661 in manufacturing. In 2022, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,327,742
Participants with balances69
Active participants145
Employer contributions$94,440
Employee contributions$243,910
Employer contribution per active participant$651
Average account balance$33,735
Benefits paid to participants$506,223
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,477
Total administrative$20,477
The Vaderstad Inc. 401(k) match · 2022
Employer contribution per active participant$651
Median for plans this size$1,114

Vaderstad Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,477 · 0.75%
Similar plansManufacturing · North Dakota
O'Day Management, Inc. ND$6.5M · 0.42%
Gremada Industries, Inc. ND$4.8M · 0.45%
Tmi Group Incorporated ND$4.3M · 0.00%
Agt Foods ND$4.2M · 0.08%
Diluigi, Inc. MA$2.3M · 0.81%
Custom Rubber Corporation OH$2.3M · 0.15%
Rk Pharma NJ$2.3M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863498531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.