Plan Ledger DOL Form 5500 · updated monthly

Vantran Industries, Inc. dba Vantran Transformers401(k)

VANTRAN INDUSTRIES, INC. RETIREMENT TRUST · WACO, TX · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Vantran Industries, Inc. dba Vantran Transformers reported $2,432 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,620 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 0.11% to 0.12%. 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 Texas (4,755th of 5,688), and 12,584th of 13,661 in manufacturing. In 2023, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,465,534
Participants with balances179
Active participants132
Employer contributions$213,882
Employee contributions$350,770
Employer contribution per active participant$1,620
Average account balance$13,774
Benefits paid to participants$131,840
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 179 accts · $214K emplr
2022$1.7M · 129 accts · $360K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,432
Total administrative$2,432
The Vantran Industries, Inc. dba Vantran Transformers 401(k) match · 2023
Employer contribution per active participant$1,620
Median for plans this size$1,308
2023$1,620 per active participant
2022$3,076 per active participant

Vantran Industries, Inc. dba Vantran Transformers's 2023 employer contribution ran above 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.

Administrative cost history2
2023$2,432 · 0.12%
2022$1,786 · 0.11%
Same employer
Similar plansManufacturing · Texas
Cps Houston, Inc. TX$2.6M · 0.07%
Napco Bag & Film, LP TX$2.4M · 0.70%
Strukmyer LLC TX$2.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742568917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.