Plan Ledger DOL Form 5500 · updated monthly

Vernier Software & Technology LLC401(k)

VERNIER SOFTWARE & TECHNOLOGY LLC 401(K) PROFIT SHARING PLAN · BEAVERTON, OR · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Vernier Software & Technology LLC reported $24,334 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,934 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 has held roughly steady near 0.067%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 230th-largest of 1,021 plans among Oregon employers on file, and the 3,764th of 13,661 in manufacturing. In 2023, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,902,972
Participants with balances122
Active participants102
Employer contributions$707,290
Employee contributions$1,008,869
Employer contribution per active participant$6,934
Average account balance$318,877
Benefits paid to participants$2,236,307
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$38.9M · 122 accts · $707K emplr
2022$33.7M · 121 accts · $784K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,334
Total administrative$24,334
The Vernier Software & Technology LLC 401(k) match · 2023
Employer contribution per active participant$6,934
Median for plans this size$2,440
2023$6,934 per active participant
2022$7,758 per active participant

Vernier Software & Technology LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,334

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$24,334 · 0.07%
2022$24,468 · 0.07%
Same employer
Similar plansManufacturing · Oregon
Lacrosse Footwear, Inc. OR$43.8M · 0.16%
Orenco Systems, Inc. OR$39.3M · 0.31%
Gunderson Marine, LLC OR$35.7M · 0.14%
Rodda Paint Co. OR$35.2M · 0.09%
Dwfritz Automation LLC OR$34.8M · 0.17%
Murphy Company OR$34.7M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931162373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.