Plan Ledger DOL Form 5500 · updated monthly

Veterans Trading Company, Inc.401(k)

VETERANS TRADING COMPANY, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2025

Reported admin expense ratio · 2025
0.59%

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

Veterans Trading Company, Inc. reported $37,970 in plan administrative expenses for 2025: 0.59% of average plan assets, above the peer median. Employer contributions averaged $4,616 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 fell from 0.70% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (531st of 848), and 8,966th of 11,654 in professional & technical services. In 2025, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has shrunk from 137 to 122 since 2022.

Plan summary
Net assets, end of year$7,239,282
Participants with balances148
Active participants122
Employer contributions$563,134
Employee contributions$523,796
Employer contribution per active participant$4,616
Average account balance$48,914
Benefits paid to participants$526,551
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLP
Plan history4
Yearassets · accounts · employer contribution
2025$7.2M · 148 accts · $563K emplr
2024$5.7M · 163 accts · $599K emplr
2023$4.3M · 153 accts · $273K emplr
2022$3.2M · 146 accts · $265K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$37,970
Total administrative$37,970
The Veterans Trading Company, Inc. 401(k) match · 2025
Employer contribution per active participant$4,616
Median for plans this size$1,464
2025$4,616 per active participant
2024$4,403 per active participant
2023$2,065 per active participant
2022$1,932 per active participant

Veterans Trading Company, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,969
GLOBAL RETIREMENT PARTNERS 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 history4
2025$37,970 · 0.59%
2024$31,794 · 0.64%
2023$23,102 · 0.61%
2022$23,030 · 0.70%
Same employer
Similar plansProfessional & Technical Services · Utah
Qnergy, Inc. UT$8.0M · 0.68%
Driggs, Bills & Day, P.C. UT$7.6M · 0.48%
Payday Benefits, LLC UT$6.9M · 0.98%
Pelatron Technologies LLC UT$6.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202833303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.