Plan Ledger DOL Form 5500 · updated monthly

Viking, Inc.401(k)

VIKING INC. 401 K PROFIT SHARING PLAN · BELFAST, ME · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Viking, Inc. reported $18,772 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,276 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 0.11% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 163rd-largest of 354 plans among Maine employers on file, and the 1,702nd of 5,215 in retail trade. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,128,861
Participants with balances210
Active participants191
Employer contributions$243,809
Employee contributions$748,749
Employer contribution per active participant$1,276
Average account balance$81,566
Benefits paid to participants$826,345
Plan auditUnmodified (clean) audit opinion
AuditorHAVERLOCK, ESTEY & CURRAN
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 210 accts · $244K emplr
2023$14.8M · 214 accts · $227K emplr
2022$12.4M · 212 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,000
Investment management$2,222
Total administrative$18,772
The Viking, Inc. 401(k) match · 2024
Employer contribution per active participant$1,276
Median for plans this size$2,416
2024$1,276 per active participant
2023$1,188 per active participant
2022$1,122 per active participant

Viking, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
HAVERLOCK, ESTEY & CURRAN, LLC · Accounting / audit$12,900
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$3,646

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$18,772 · 0.12%
2023$17,712 · 0.13%
2022$14,713 · 0.11%
Same employer
Similar plansRetail Trade · Maine
Kevin, Inc. ME$23.7M · 0.01%
Charlie's Motor Mall, Inc. ME$20.8M · 0.46%
Pape Chevrolet, Inc. ME$20.6M · 0.33%
Marden's, Inc. ME$20.4M · 0.65%
Hutchins Motors, Inc. ME$16.5M · 0.02%
Bill Dodge Auto Group, Inc. ME$15.4M · 0.29%
Dsr Auto Management LLC ME$13.2M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010194854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.