How much does Vhv Company contribute to its ESOP?

In 2024, employer contributions to the Vhv Company plan averaged $4,026 per active participant, above the $2,416 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Vhv Company 401(k)?

The average participant account balance was $112,686 for plan year 2024, based on 165 accounts.

Vhv CompanyESOP

Name: Vhv Company 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

VHV COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · WINOOSKI, VT · plan year 2024

Employer contribution per participant · 2024

$4,026

Vhv Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $18,593,223 across 165 participant accounts, with employer contributions averaging $4,026 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 105th-largest of 230 plans among Vermont employers on file, and the 2,139th of 5,337 in construction.

Plan summary
Net assets, end of year$18,593,223
Participants with balances165
Active participants132
Employer contributions$531,437
Employee contributions—
Employer contribution per active participant$4,026
Average account balance$112,686
Benefits paid to participants$546,237
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BLETZER, PLLC

Plan history3

Yearassets · accounts · employer contribution

2024$18.6M · 165 accts · $531K emplr

2023$12.7M · 200 accts · $19K emplr

2022$10.4M · 188 accts · $19K emplr

Employer contributions to the Vhv Company plan · 2024

Employer contribution per active participant$4,026

Median for plans this size$2,416

2024$4,026 per active participant

2023$146 per active participant

2022$144 per active participant

Vhv Company's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

VHV COMPANY 401(K) PROFIT SHARING PLAN401(k)

VHV COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP

Same employer

Vhv Company's health & benefits plan: carriers, premiums & broker pay

Similar plansConstruction · Vermont
S. D. Ireland Concrete Construction Corporation VT$31.5M · 0.27%
Control Technologies, Inc. VT$24.5M · 0.03%
Engineers Construction, Inc VT$22.1M · 0.51%
Trustees-United Association of Plumbers and Pipefitters Local 693 Annu VT$18.9M · 0.60%
D.E.W. Construction Corp. VT$18.5M · 0.40%
New England Air Systems, LLC VT$15.2M · 0.28%
Alliance Group, Inc. VT$13.1M · 0.28%
Vermont Mechanical, Inc. VT$9.2M · 0.59%

Why are you looking at this plan?

Compare
401(k) plans in Vermont
Worked here before? Find your old 401(k)
401(k) plans in Construction
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 030190150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.