Plan Ledger DOL Form 5500 · updated monthly

Vibco, Inc.401(k)

VIBCO, INC. 401(K) PROFIT SHARING PLAN · WYOMING, RI · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Vibco, Inc. reported $13,230 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,981 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (232nd of 286), and 11,380th of 13,661 in manufacturing. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,664,931
Participants with balances74
Active participants51
Employer contributions$101,043
Employee contributions$219,320
Employer contribution per active participant$1,981
Average account balance$63,040
Benefits paid to participants$315,404
Plan auditUnmodified (clean) audit opinion
AuditorBILL HANLON
The Vibco, Inc. 401(k) match · 2022
Employer contribution per active participant$1,981
Median for plans this size$1,114

Vibco, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,230 · 0.26%
Similar plansManufacturing · Rhode Island
Mearthane Products LLC RI$6.4M · 1.16%
Amring Worldwide, Inc. RI$5.4M · 0.59%
Wpp Acquisition, LLC RI$4.7M · 0.28%
Ira Green Inc RI$3.9M · 0.65%
Sherle Wagner RI$2.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050357062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.