Plan Ledger DOL Form 5500 · updated monthly

Viaflex, Inc.401(k)

VIAFLEX 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Viaflex, Inc. reported $107,776 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,366 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 1 year on file its reported administrative ratio rose from 0.28% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 62nd-largest of 233 plans among South Dakota employers on file, and the 4,196th of 13,661 in manufacturing. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,933,350
Participants with balances608
Active participants455
Employer contributions$1,531,717
Employee contributions$2,328,637
Employer contribution per active participant$3,366
Average account balance$54,167
Benefits paid to participants$4,247,138
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$32.9M · 608 accts · $1.5M emplr
2023$29.4M · 488 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,541
Investment management$44,554
Total administrative$107,776
The Viaflex, Inc. 401(k) match · 2024
Employer contribution per active participant$3,366
Median for plans this size$2,416
2024$3,366 per active participant
2023$3,393 per active participant

Viaflex, Inc.'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.

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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,222
TOWERS WATSON INVESTMENT SERVICES I · Investment advisory (plan)$22,545
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,007
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$10,002

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$107,776 · 0.35%
2023$82,556 · 0.28%
Same employer
Similar plansManufacturing · South Dakota
Raven Industries, Inc. SD$56.8M · 0.18%
Aerostar International, LLC SD$36.9M · 0.10%
Shur-Co, LLC SD$21.7M · 0.26%
Persona Signs, LLC SD$20.5M · 0.49%
Glacial Lakes SD$20.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611895716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.