Plan Ledger DOL Form 5500 · updated monthly

Vecima Technology Inc.401(k)

VECIMA TECHNOLOGY INC. RETIREMENT SAVINGS PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Vecima Technology Inc. reported $28,170 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,533 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 0.05% to 0.11%. 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 692nd-largest of 2,160 plans among Georgia employers on file, and the 4,653rd of 13,661 in manufacturing. In 2024, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,567,559
Participants with balances248
Active participants165
Employer contributions$913,010
Employee contributions$3,093,789
Employer contribution per active participant$5,533
Average account balance$115,192
Benefits paid to participants$2,763,290
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 248 accts · $913K emplr
2023$22.8M · 237 accts · $808K emplr
2022$16.0M · 218 accts · $689K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,900
Investment management$9,270
Total administrative$28,170
The Vecima Technology Inc. 401(k) match · 2024
Employer contribution per active participant$5,533
Median for plans this size$2,416
2024$5,533 per active participant
2023$4,617 per active participant
2022$3,849 per active participant

Vecima Technology 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.

Service providers · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$28,170

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$28,170 · 0.11%
2023$9,885 · 0.05%
2022$7,445 · 0.05%
Same employer
Similar plansManufacturing · Georgia
Momar Incorporated GA$29.3M · 0.81%
East West Manufacturing LLC GA$29.3M · 0.48%
Mikart, LLC GA$29.1M · 0.43%
Royal Oak Enterprises GA$29.0M · 0.29%
Anci, Inc. GA$27.7M · 0.05%
New Wincup Holdings, Inc. GA$26.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371871997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.