Plan Ledger DOL Form 5500 · updated monthly

Viking Group, Inc.401(k)

VIKING GROUP, INC. SAVINGS AND RETIREMENT PLAN · CALEDONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Viking Group, Inc. reported $78,995 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,192 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 0.03% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 216th-largest of 2,619 plans among Michigan employers on file, and the 180th of 786 in management of companies. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves; active participation has grown from 823 to 998 since 2022.

Plan summary
Net assets, end of year$131,859,811
Participants with balances1,193
Active participants998
Employer contributions$6,179,838
Employee contributions$4,321,339
Employer contribution per active participant$6,192
Average account balance$110,528
Benefits paid to participants$10,623,887
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS & TROMP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$131.9M · 1,193 accts · $6.2M emplr
2023$111.4M · 1,161 accts · $5.7M emplr
2022$87.2M · 1,065 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,371
Investment management$41,624
Total administrative$78,995
The Viking Group, Inc. 401(k) match · 2024
Employer contribution per active participant$6,192
Median for plans this size$3,635
2024$6,192 per active participant
2023$6,202 per active participant
2022$5,998 per active participant

Viking Group, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$41,624
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,371

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$78,995 · 0.06%
2023$45,080 · 0.05%
2022$32,374 · 0.03%
Same employer
Similar plansManagement of Companies · Michigan
Ufp Industries, Inc MI$791.7M · 0.06%
Fives Inc. MI$314.4M · 0.05%
Altagas Services (U.S.) Inc. MI$186.4M · 0.00%
Jsj Corporation MI$128.2M · 0.26%
Central Transport, LLC MI$94.4M · 0.03%
Centra, Inc MI$82.3M · 0.04%
Soave Enterprises, LLC MI$81.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383601777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.