Plan Ledger DOL Form 5500 · updated monthly

Ventura Manufacturing, Inc.401(k)

VENTURA MANUFACTURING, INC. 401(K) AND PROFIT SHARING PLAN · ZEELAND, MI · plan year 2023

Reported admin expense ratio · 2023
1.04%

Ventura Manufacturing, Inc. reported $50,888 in plan administrative expenses for 2023: 1.04% 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.

Across the 2 years on file its reported administrative ratio has held roughly steady near 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,993rd of 2,619), and 11,165th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,060,842
Participants with balances91
Active participants101
Employer contributions—
Employee contributions$368,666
Employer contribution per active participant—
Average account balance$55,614
Benefits paid to participants$937,189
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.1M · 91 accts
2022$4.7M · 103 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,888
Total administrative$50,888
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$50,887
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$50,888 · 1.04%
2022$54,080 · 1.01%
All plans at this employer2
VENTURA MANUFACTURING, INC. 401(K) AND PROFIT SHARING PLAN401(k)
VENTURA MANUFACTURING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Michigan
Woodworth, Inc. MI$5.3M · 0.66%
Eclipse Mold, Inc. MI$5.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383346213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.