Plan Ledger DOL Form 5500 · updated monthly

Vignet Inc401(k)

VIGNET INC 401(K) PROFIT SHARING PLAN & TRUST · FAIRFAX, VA · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Vignet Inc reported $22,752 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $4,986 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 5 years on file its reported administrative ratio fell from 0.23% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,343rd of 2,266), and 7,409th of 11,654 in professional & technical services. In 2023, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,937,005
Participants with balances216
Active participants122
Employer contributions$608,272
Employee contributions$1,371,675
Employer contribution per active participant$4,986
Average account balance$55,264
Benefits paid to participants$763,344
Plan auditUnmodified (clean) audit opinion
AuditorYOUNT, HYDE & BARBOUR, P. C.
Plan history4
Yearassets · accounts · employer contribution
2024$11.7M · 188 accts · $420K emplr
2023$11.9M · 216 accts · $608K emplr
2022$9.1M · 221 accts · $1.0M emplr
2019$4.0M · 158 accts · $723K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$10,000
Total administrative$22,752
The Vignet Inc 401(k) match · 2023
Employer contribution per active participant$4,986
Median for plans this size$2,440
2024$5,834 per active participant
2023$4,986 per active participant
2022$6,909 per active participant
2019$5,738 per active participant

Vignet Inc's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
USI CONSULTING GROUP · Claims processing · Recordkeeping$9,402
PAYCHEX, INC. · Recordkeeping$3,350
BURDETTE SMITH & BISH LLC · Accounting / audit$10,000

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

Recordkeeper by year2
2024USI Consulting
2023Paychex, USI Consulting

This plan has changed recordkeepers within these filings. If you left Vignet Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$24,595 · 0.21%
2023$22,752 · 0.22%
2022$19,777 · 0.23%
2019$7,083 · 0.23%
Same employer
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Cornerstone Defense, Inc. VA$12.1M · 0.54%
Yes& Holdings LLC VA$12.0M · 0.65%
MISSION1ST Group, Inc. VA$12.0M · 0.61%
Revature, LLC VA$11.9M · 0.64%
Netcentrics Corporation VA$11.9M · 0.47%
Strongbridge LLC VA$11.9M · 0.31%
Potomacwave Consulting VA$11.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263159426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.