Plan Ledger DOL Form 5500 · updated monthly

Vantage Plastics401(k)

VANTAGE PLASTICS 401(K) PLAN · STANDISH, MI · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Vantage Plastics reported $45,669 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,041 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 fell from 0.70% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,700th of 2,619), and 9,652nd of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 227 to 282 since 2022.

Plan summary
Net assets, end of year$8,053,006
Participants with balances304
Active participants282
Employer contributions$575,626
Employee contributions$958,277
Employer contribution per active participant$2,041
Average account balance$26,490
Benefits paid to participants$414,406
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 304 accts · $576K emplr
2023$6.1M · 273 accts · $496K emplr
2022$4.1M · 238 accts · $376K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,669
Total administrative$45,669
The Vantage Plastics 401(k) match · 2024
Employer contribution per active participant$2,041
Median for plans this size$1,313
2024$2,041 per active participant
2023$1,917 per active participant
2022$1,657 per active participant

Vantage Plastics'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 · 20241
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$45,669

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$45,669 · 0.64%
2023$32,305 · 0.63%
2022$28,716 · 0.70%
Same employer
Similar plansManufacturing · Michigan
Borroughs, LLC MI$8.2M · 0.01%
Yates Industries, Inc. MI$8.2M · 0.16%
Swoboda, Inc. MI$8.2M · 0.44%
Shuert Technology, LLC MI$8.1M · 0.63%
Adco Circuits, Inc. MI$8.0M · 0.51%
Big Rapids Products, Inc. MI$8.0M · 0.47%
Frimo, Inc. MI$7.9M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383318075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.