Plan Ledger DOL Form 5500 · updated monthly

Viking Cloud, Inc.401(k)

VIKING CLOUD 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Viking Cloud, Inc. reported $87,424 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,777 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 0.42% to 0.48%. 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 1,678th-largest of 3,702 plans among Illinois employers on file, and the 5,482nd of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 369 to 266 since 2022.

Plan summary
Net assets, end of year$20,342,223
Participants with balances297
Active participants266
Employer contributions$1,004,570
Employee contributions$2,137,361
Employer contribution per active participant$3,777
Average account balance$68,492
Benefits paid to participants$2,044,146
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 297 accts · $1.0M emplr
2023$15.8M · 325 accts · $1.1M emplr
2022$12.3M · 316 accts · $923K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,424
Total administrative$87,424
The Viking Cloud, Inc. 401(k) match · 2024
Employer contribution per active participant$3,777
Median for plans this size$2,416
2024$3,777 per active participant
2023$3,340 per active participant
2022$2,502 per active participant

Viking Cloud, 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$37,102
CREATIVE PLANNING LLC$41,532
HUNNEX AND SHOEMAKER, INC.$8,790

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,424 · 0.48%
2023$97,009 · 0.69%
2022$40,644 · 0.42%
Similar plansProfessional & Technical Services · Illinois
The Roderick Group, Inc. IL$20.8M · 0.80%
Mowery & Schoenfeld, LLC IL$20.5M · 0.27%
Cleo Communications, Inc. IL$20.5M · 0.29%
Alta Via Consulting, LLC IL$20.1M · 0.32%
Tritech Marketing, LLC IL$20.1M · 0.11%
E.A. Langenfeld Associates IL$20.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811735115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.