Plan Ledger DOL Form 5500 · updated monthly

Vari Corporation401(k)

VARI CORPORATION 401(K) PLAN · POTTSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Vari Corporation reported $53,354 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,333 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 rose from 0.31% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,750th-largest of 3,651 plans among Pennsylvania employers on file, and the 6,757th of 13,661 in manufacturing. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,189,864
Participants with balances213
Active participants169
Employer contributions$225,346
Employee contributions$495,544
Employer contribution per active participant$1,333
Average account balance$76,009
Benefits paid to participants$1,786,065
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 213 accts · $225K emplr
2023$15.4M · 204 accts · $228K emplr
2022$13.5M · 202 accts · $220K emplr
Administrative expenses, itemized · 2024
Investment management$53,354
Total administrative$53,354
The Vari Corporation 401(k) match · 2024
Employer contribution per active participant$1,333
Median for plans this size$2,416
2024$1,333 per active participant
2023$1,444 per active participant
2022$1,357 per active participant

Vari Corporation's 2024 employer contribution ran below the $2,416 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 · 20243
NATIONWIDE LIFE INSURANCE CO · Custodial · Loan processing$22,360
KESTRA INVESTMENT SERVICES$47,561
TYCOR BENEFIT ADMINISTRATORS, INC. · Plan administrator · Insurance broker$2,369

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$53,354 · 0.34%
2023$76,532 · 0.53%
2022$45,909 · 0.31%
Same employer
Similar plansManufacturing · Pennsylvania
Dyco, Inc. PA$16.6M · 0.54%
Chemstream, Inc. PA$16.2M · 0.36%
Ussc Acquisition Corp. PA$16.1M · 0.51%
Nielsen-Kellerman Co. PA$16.1M · 0.03%
Befesa Zinc US Inc. PA$16.0M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232106519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.