Plan Ledger DOL Form 5500 · updated monthly

Vibrant Technologies, Inc.401(k)

VIBRANT TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN & TRUST · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Vibrant Technologies, Inc. reported $3,600 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,962 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 0.062%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (1,502nd of 1,918), and 3,484th of 4,246 in wholesale trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,098,303
Participants with balances129
Active participants104
Employer contributions$204,059
Employee contributions$352,378
Employer contribution per active participant$1,962
Average account balance$47,274
Benefits paid to participants$973,898
Plan auditUnmodified (clean) audit opinion
AuditorDSB ROCK ISLAND
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 129 accts · $204K emplr
2023$5.6M · 121 accts · $212K emplr
2022$4.3M · 124 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,600
Total administrative$3,600
The Vibrant Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,962
Median for plans this size$1,313
2024$1,962 per active participant
2023$2,082 per active participant
2022$2,104 per active participant

Vibrant Technologies, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
LPL FINANCIAL CORPORTATION · Insurance brokerindirect comp

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

Administrative cost history3
2024$3,600 · 0.06%
2023$3,750 · 0.08%
2022$3,025 · 0.06%
Similar plansWholesale Trade · Minnesota
TJ3, LLC MN$7.2M · 1.06%
Geritom Med, Inc. MN$7.0M · 0.95%
Ototronix, LLC MN$6.1M · 0.42%
Edwards Oil, Inc. MN$5.7M · 0.85%
Coremark Metals MN$5.6M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411924860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.