Varitec Solutions LLC401(k)
VARITEC SOLUTIONS LLC EMPLOYEE SAVINGS PLAN · PHOENIX, AZ · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Varitec Solutions LLC reported $29,897 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,946 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 0.12% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 288th-largest of 1,285 plans among Arizona employers on file, and the 1,421st of 4,246 in wholesale trade. In 2023, employees put in $1.52 for every $1.00 the employer contributed; active participation has shrunk from 172 to 148 since 2022.
Varitec Solutions LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 832809084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.