Plan Ledger DOL Form 5500 · updated monthly

Vee Pak, LLC401(k)

VEE PAK, LLC 401 (K) PLAN · HODGKINS, IL · plan year 2020

Reported admin expense ratio · 2020
0.42%

Vee Pak, LLC reported $95,797 in plan administrative expenses for 2020: 0.42% 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 $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,702nd of 3,702), and 13,661st of 13,661 in manufacturing. In 2020, employees put in $5.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1
Participants with balances0
Active participants0
Employer contributions$749,403
Employee contributions$4,393,721
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$11,822,833
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$54,999
Audit (IQPA)$40,798
Total administrative$95,797
What these fees cost you

Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2020$95,797 · 0.42%
Similar plansManufacturing · Illinois
Magickwoods IL$106K · 4.42%
USA Millwork, LLC. IL$54K · 1.54%
Luminii LLC IL$18K · 0.16%
The Marvel Group, Inc. IL$3K · 0.06%
Dytran Instruments, Inc. CA$414 · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815395969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.