Plan Ledger DOL Form 5500 · updated monthly

Victorinox Swiss Army, Inc.401(k)

VICTORINOX SWISS ARMY, INC. 401(K) PLAN · MONROE, CT · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Victorinox Swiss Army, Inc. reported $22,962 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,462 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 2 years on file its reported administrative ratio fell from 0.10% to 0.06%. 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 357th-largest of 1,106 plans among Connecticut employers on file, and the 1,095th of 4,246 in wholesale trade. In 2024, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,674,446
Participants with balances287
Active participants145
Employer contributions$356,920
Employee contributions$1,121,157
Employer contribution per active participant$2,462
Average account balance$131,270
Benefits paid to participants$3,830,478
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 287 accts · $357K emplr
2023$35.4M · 293 accts · $251K emplr
2022$32.5M · 320 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,971
Investment management$1,991
Total administrative$22,962
The Victorinox Swiss Army, Inc. 401(k) match · 2024
Employer contribution per active participant$2,462
Median for plans this size$2,416
2024$2,462 per active participant
2023$1,684 per active participant
2022$1,892 per active participant

Victorinox Swiss Army, 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 · 20241
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$20,971

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$22,962 · 0.06%
2023$23,670 · 0.07%
2022$35,453 · 0.10%
Same employer
Similar plansWholesale Trade · Connecticut
Thule Inc. CT$46.5M · 0.45%
Melissa & Doug, LLC CT$38.4M · 0.21%
Star Distributors, Inc. CT$36.7M · 0.47%
Nefco Holding Company LLC CT$34.1M · 0.13%
Osterman & Company, Inc. CT$33.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132797726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.