Plan Ledger DOL Form 5500 · updated monthly

Victory Solutions, Inc.401(k)

VICTORY SOLUTIONS, INC. 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Victory Solutions, Inc. reported $5,086 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,632 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 rose from 0.01% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 410th-largest of 902 plans among Alabama employers on file, and 7,344th of 11,654 in professional & technical services. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 94 to 114 since 2022.

Plan summary
Net assets, end of year$12,167,219
Participants with balances152
Active participants114
Employer contributions$414,060
Employee contributions$1,005,605
Employer contribution per active participant$3,632
Average account balance$80,047
Benefits paid to participants$2,910,353
Plan auditUnmodified (clean) audit opinion
AuditorHILL FOGG, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 152 accts · $414K emplr
2023$12.0M · 137 accts · $340K emplr
2022$9.6M · 121 accts · $321K emplr
The Victory Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$3,632
Median for plans this size$2,416
2024$3,632 per active participant
2023$3,332 per active participant
2022$3,414 per active participant

Victory Solutions, 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$4,886
DYATECH LLC. · Contract administrator$1,695

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$5,086 · 0.04%
2023$1,937 · 0.02%
2022$925 · 0.01%
Similar plansProfessional & Technical Services · Alabama
Nmr Consulting, Inc. AL$13.7M · 0.30%
Interfuze Corporation AL$12.8M · 0.24%
Martin Advertising, Inc. AL$12.6M · 0.24%
Spectrum Solutions, Inc. AL$12.3M · 0.50%
Theranest, LLC AL$11.9M · 0.99%
Tidwell Group, LLC AL$11.6M · 0.47%
Spectrum Solutions, Inc. AL$11.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205252964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.