Plan Ledger DOL Form 5500 · updated monthly

Ventek Solutions LLC401(k)

VENTEK SOLUTIONS LLC 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Ventek Solutions LLC reported $11,896 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,960 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.

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 361st-largest of 807 plans among South Carolina employers on file, and 7,530th of 13,661 in manufacturing. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,583,163
Participants with balances533
Active participants534
Employer contributions$1,046,818
Employee contributions$1,373,908
Employer contribution per active participant$1,960
Average account balance$25,484
Benefits paid to participants$621,594
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,059
Investment management$4,812
Total administrative$11,896
The Ventek Solutions LLC 401(k) match · 2024
Employer contribution per active participant$1,960
Median for plans this size$2,416

Ventek Solutions LLC's 2024 employer contribution ran below the $2,416 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 · 20244
GALLAGHER BENEFIT SERVICES INC · Investment advisory (plan)$3,396
EMPOWER ADVISORY GROUP, LLC · Investment management$1,416
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$25

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

Administrative cost history1
2024$11,896 · 0.09%
Same employer
Similar plansManufacturing · South Carolina
Bwt LLC SC$14.5M · 0.10%
Agru America, Inc. SC$14.3M · 0.64%
Greenfield Industries, Inc. SC$14.2M · 0.46%
Gentherm Automotive, LLC SC$13.3M · 0.58%
Brown Packing Co., Inc. SC$12.6M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742706061 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.