Plan Ledger DOL Form 5500 · updated monthly

Veka Holdings, Inc.401(k)

VEKA HOLDINGS, INC. AND SUBSIDIARIES PROFIT SHARING & 401(K) PLAN · FOMBELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Veka Holdings, Inc. reported $201,240 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,047 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 0.22% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 536th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,162nd of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,240,134
Participants with balances1,150
Active participants863
Employer contributions$1,766,900
Employee contributions$3,524,950
Employer contribution per active participant$2,047
Average account balance$73,252
Benefits paid to participants$11,292,241
Plan auditUnmodified (clean) audit opinion
AuditorHOLSINGER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$84.2M · 1,150 accts · $1.8M emplr
2023$79.7M · 1,157 accts · $1.8M emplr
2022$66.9M · 1,154 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,321
Investment management$78,919
Total administrative$201,240
The Veka Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,047
Median for plans this size$3,635
2024$2,047 per active participant
2023$2,266 per active participant
2022$1,930 per active participant

Veka Holdings, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20243
DUNBAR BENDER & ZAPF · Contract administrator$84,208
ROBERT W BAIRD & CO INCORPORATED · Investment advisory (plan)$78,919
CAPITAL GROUP RETIREMENT PLAN SERVI$62,113

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

Administrative cost history3
2024$201,240 · 0.25%
2023$152,292 · 0.21%
2022$166,186 · 0.22%
Same employer
Similar plansManufacturing · Pennsylvania
Fry Communications, Inc. PA$87.6M · 0.19%
Spectrum Control, Inc. PA$86.9M · 0.18%
Fujirebio Diagnostics, Inc. PA$86.3M · 0.11%
Godiva Chocolatier, Inc. PA$82.8M · 0.32%
Penn Color Inc. PA$79.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251716653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.