Value Added Solutions, Inc.401(k)
VALUE ADDED SOLUTIONS, INC. 401(K) PLAN · AIKEN, SC · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Value Added Solutions, Inc. reported $82,712 in plan administrative expenses for 2022: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,973 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 rose from 0.63% to 0.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 393rd-largest of 807 plans among South Carolina employers on file, and the 909th of 2,534 in administrative & support services. In 2022, employees put in $2.80 for every $1.00 the employer contributed.
Value Added Solutions, Inc.'s 2022 employer contribution ran above the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 203912625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.