Plan Ledger DOL Form 5500 · updated monthly

Vandor Corporation401(k)

VANDOR CORP EE BENEFIT RETIREMENT PLAN · RICHMOND, IN · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

Vandor Corporation reported $42,162 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,305 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 1 year on file its reported administrative ratio rose from 0.87% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,174th of 1,562), and 11,176th of 13,661 in manufacturing. In 2023, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 164 to 191 since 2022.

Plan summary
Net assets, end of year$5,041,918
Participants with balances196
Active participants191
Employer contributions$249,259
Employee contributions$543,066
Employer contribution per active participant$1,305
Average account balance$25,724
Benefits paid to participants$608,212
Plan auditUnmodified (clean) audit opinion
AuditorBRADY WARE & SCHOENFELD
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $298K emplr
2023$5.0M · 196 accts · $249K emplr
2022$4.2M · 200 accts · $231K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,309
Investment management$17,853
Total administrative$42,162
The Vandor Corporation 401(k) match · 2023
Employer contribution per active participant$1,305
Median for plans this size$1,308
2023$1,305 per active participant
2022$1,410 per active participant

Vandor Corporation's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$24,309
SHEPHERD FINANCIAL INVESTMENT · Investment advisory (plan)$17,853

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024Not separately reported
2023$42,162 · 0.92%
2022$38,060 · 0.87%
Same employer
Similar plansManufacturing · Indiana
Standard Locknut, LLC IN$5.2M · 0.62%
Tmf Center Inc IN$5.2M · 0.67%
Sunright America, Inc. IN$5.1M · 0.73%
Nukemed Inc. IN$5.0M · 0.04%
J. Squared Inc. IN$5.0M · 0.33%
Grote Industries, LLC IN$5.0M · 0.41%
Chiyoda USA Corporation IN$5.0M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351800922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.