Plan Ledger DOL Form 5500 · updated monthly

Vankirk Electric, Inc401(k)

VANKIRK ELECTRIC 401(K) PLAN · WINDER, GA · plan year 2024

Reported admin expense ratio · 2024
1.01%

Vankirk Electric, Inc reported $32,183 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. 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 0.48% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,782nd of 2,160), and 4,413th of 5,337 in construction. active participation has grown from 176 to 197 since 2022.

Plan summary
Net assets, end of year$3,405,295
Participants with balances235
Active participants197
Employer contributions—
Employee contributions$528,429
Employer contribution per active participant—
Average account balance$14,491
Benefits paid to participants$490,510
Plan auditUnmodified (clean) audit opinion
AuditorMJCO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 235 accts
2023$2.9M · 227 accts
2022$2.2M · 288 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,183
Total administrative$32,183
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
ASCENSUS LLC · Loan processing · Recordkeeping$32,183

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$32,183 · 1.01%
2023$7,746 · 0.30%
2022$11,181 · 0.48%
Same employer
Similar plansConstruction · Georgia
H.A. Sack Co., LLC GA$3.8M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582086361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.