Vesco Oil Corporation401(k)
VESCO OIL CORPORATION 401(K) PLAN · SOUTHFIELD, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Vesco Oil Corporation reported $23,712 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $516 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 3 years on file its reported administrative ratio has held roughly steady near 0.113%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 977th-largest of 2,619 plans among Michigan employers on file, and the 698th of 2,677 in transportation & warehousing. In 2024, employees put in $10.60 for every $1.00 the employer contributed.
Vesco Oil Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 381289952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.