Plan Ledger DOL Form 5500 · updated monthly

Vermont Mechanical, Inc.401(k)

VERMONT MECHANICAL, INC. 401(K) PLAN AND TRUST · WILLISTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Vermont Mechanical, Inc. reported $50,377 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $995 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 0.01% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Vermont (150th of 230), and 3,214th of 5,337 in construction. In 2024, employees put in $5.10 for every $1.00 the employer contributed; active participation has grown from 110 to 124 since 2022.

Plan summary
Net assets, end of year$9,209,589
Participants with balances141
Active participants124
Employer contributions$123,362
Employee contributions$629,682
Employer contribution per active participant$995
Average account balance$65,316
Benefits paid to participants$743,624
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER, FLYNN & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 141 accts · $123K emplr
2023$7.9M · 126 accts · $145K emplr
2022$6.7M · 138 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,002
Investment management$20,375
Total administrative$50,377
The Vermont Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$995
Median for plans this size$1,313
2024$995 per active participant
2023$1,419 per active participant
2022$1,119 per active participant

Vermont Mechanical, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,002
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$20,375

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$50,377 · 0.59%
2023$8,998 · 0.12%
2022$794 · 0.01%
Same employer
Similar plansConstruction · Vermont
Vhv Company VT$18.6M
D.E.W. Construction Corp. VT$18.5M · 0.40%
Alliance Group, Inc. VT$13.1M · 0.28%
Isun, Inc. VT$9.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030313242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.