Plan Ledger DOL Form 5500 · updated monthly

Varra Companies, Inc.401(k)

VARRA COMPANIES, INC. 401(K) PLAN · FREDERICK, CO · plan year 2022

Reported admin expense ratio · 2022
2.42%

Varra Companies, Inc. reported $8,321 in plan administrative expenses for 2022: 2.42% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Colorado (1,456th of 1,461), and 611th of 612 in mining, oil & gas extraction. In 2022, employees put in $68.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,540
Participants with balances1
Active participants0
Employer contributions$610
Employee contributions$41,609
Employer contribution per active participant—
Average account balance$25,540
Benefits paid to participants$571,824
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,843
Investment management$3,478
Total administrative$8,321
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$8,321 · 2.42%
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Source: U.S. Department of Labor, Form 5500 series, EIN 840752000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.