Plan Ledger DOL Form 5500 · updated monthly

Varc, Inc.401(k)

VARC, INC. 401(K) RETIREMENT PLAN · VIROCQUA, WI · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Varc, Inc. reported $15,179 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $344 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,782nd of 1,936), and 9,356th of 11,911 in health care & social assistance. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,872,225
Participants with balances69
Active participants205
Employer contributions$70,617
Employee contributions$112,392
Employer contribution per active participant$344
Average account balance$41,626
Benefits paid to participants$522,745
Plan auditUnmodified (clean) audit opinion
AuditorWEGNERS CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,946
Investment management$11,233
Total administrative$15,179
The Varc, Inc. 401(k) match · 2022
Employer contribution per active participant$344
Median for plans this size$1,114

Varc, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,179 · 0.46%
Similar plansHealth Care & Social Assistance · Wisconsin
Nursing Homes, Inc. WI$2.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391211167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.