Plan Ledger DOL Form 5500 · updated monthly

Vasko Electric, Inc.401(k)

VASKO ELECTRIC, INC. 401(K) PROFIT SHARING PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Vasko Electric, Inc. reported $104,043 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,683 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 0.46% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,586th-largest of 9,483 plans among California employers on file, and the 1,992nd of 5,337 in construction. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,367,032
Participants with balances178
Active participants97
Employer contributions$551,217
Employee contributions$695,723
Employer contribution per active participant$5,683
Average account balance$114,422
Benefits paid to participants$616,585
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 178 accts · $551K emplr
2023$18.7M · 177 accts · $840K emplr
2022$14.7M · 173 accts · $780K emplr
Administrative expenses, itemized · 2024
Investment management$104,043
Total administrative$104,043
The Vasko Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$5,683
Median for plans this size$2,416
2024$5,683 per active participant
2023$8,152 per active participant
2022$7,722 per active participant

Vasko Electric, Inc.'s 2024 employer contribution ran above the $2,416 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.

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.

Administrative cost history3
2024$104,043 · 0.53%
2023$85,520 · 0.51%
2022$68,368 · 0.46%
Similar plansConstruction · California
The Nevell Group, Inc. CA$21.5M · 0.36%
Arizona Pipeline Company CA$20.3M · 0.62%
Baker Electric, Inc. CA$20.3M · 0.69%
Trumark Companies LLC CA$20.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680053400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.