Plan Ledger DOL Form 5500 · updated monthly

Victor Envelope Company401(k)

VICTOR ENVELOPE COMPANY SALARY REDUCTION 401(K) PLAN AND TRUST · BENSENVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Victor Envelope Company reported $108,758 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $870 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 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,101st-largest of 3,702 plans among Illinois employers on file, and the 1,038th of 4,246 in wholesale trade. In 2024, employees put in $4.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,926,695
Participants with balances266
Active participants238
Employer contributions$207,036
Employee contributions$1,026,825
Employer contribution per active participant$870
Average account balance$150,100
Benefits paid to participants$4,626,707
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 266 accts · $207K emplr
2023$37.8M · 262 accts · $196K emplr
2022$32.2M · 249 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,758
Total administrative$108,758
The Victor Envelope Company 401(k) match · 2024
Employer contribution per active participant$870
Median for plans this size$2,416
2024$870 per active participant
2023$832 per active participant
2022$827 per active participant

Victor Envelope Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$108,889
IFP ADVISORS, INC. · Investment advisory (plan)indirect comp
FIRST AMERICAN BANK · Other servicesindirect 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$108,758 · 0.28%
2023$92,580 · 0.26%
2022$94,757 · 0.27%
Same employer
Similar plansWholesale Trade · Illinois
Wyffels Hybrids, Inc. IL$43.1M · 0.31%
Neuco, Inc. IL$41.9M · 0.21%
Kennicott Brothers Company IL$41.5M · 0.28%
West Side Tractor Sales Co. IL$40.4M · 0.03%
Prinova US LLC IL$38.2M · 0.19%
Doall Company IL$36.8M · 0.29%
Cil North America LLC IL$36.5M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362762869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.