Plan Ledger DOL Form 5500 · updated monthly

Village Discount Outlet, Inc.401(k)

VILLAGE DISCOUNT 401(K) PLAN · BLUE ISLAND, IL · plan year 2022

Reported admin expense ratio · 2022
0.68%

Village Discount Outlet, Inc. reported $29,922 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio fell from 0.68% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (3,091st of 3,702), and 4,064th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,956,993
Participants with balances130
Active participants353
Employer contributions—
Employee contributions$260,630
Employer contribution per active participant—
Average account balance$30,438
Benefits paid to participants$362,953
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.9M · 130 accts
2022$4.0M · 130 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,472
Total administrative$29,922
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024Not separately reported
2023$275 · 0.01%
2022$29,922 · 0.68%
Same employer
Similar plansRetail Trade · Illinois
Tcc Wireless, LLC IL$4.3M · 1.69%
Berkot LTD. IL$4.3M · 0.44%
Meyer Oil Company IL$4.2M · 0.02%
Hindman LLC IL$3.6M · 0.80%
R.I.S.N. Operations Inc. IL$3.4M · 0.02%
Lehan Drugs IL$3.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362472377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.