Plan Ledger DOL Form 5500 · updated monthly

V2X, Inc.401(k)

VERTEX AEROSPACE MASTER SAVINGS PLAN · MADISON, MS · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

V2X, Inc. reported $1,134,927 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,556 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 fell from 0.26% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 4th-largest of 367 plans among Mississippi employers on file, and the 62nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 6,807 to 13,781 since 2022.

Plan summary
Net assets, end of year$644,420,569
Participants with balances14,048
Active participants13,781
Employer contributions$35,229,469
Employee contributions$71,481,504
Employer contribution per active participant$2,556
Average account balance$45,873
Benefits paid to participants$94,270,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$644.4M · 14,048 accts · $35.2M emplr
2023$538.5M · 10,135 accts · $19.6M emplr
2022$189.9M · 7,201 accts · $19.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$820,286
Investment management$170,241
Audit (IQPA)$144,400
Total administrative$1,134,927
The V2X, Inc. 401(k) match · 2024
Employer contribution per active participant$2,556
Median for plans this size$4,294
2024$2,556 per active participant
2023$2,945 per active participant
2022$2,852 per active participant

V2X, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$820,286
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$170,241
BDO USA, P.C. · Accounting / audit$144,400

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$1,134,927 · 0.19%
2023$399,140 · 0.11%
2022$446,202 · 0.26%
Same employer
Similar plansTransportation & Warehousing · Mississippi
Xpo Logistics, Inc. OR$715.3M · 0.13%
Hawaiian Airlines Inc. HI$695.6M · 0.01%
Saia Motor Freight Line, LLC GA$669.8M · 0.07%
Air Methods Corporation CO$633.9M · 0.08%
Horizon Air Industries, Inc. WA$631.1M · 0.04%
Plains All American Gp LLC TX$625.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640941176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.