Plan Ledger DOL Form 5500 · updated monthly

Vinfast Auto LLC401(k)

VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Vinfast Auto LLC reported $45,744 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,582 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 1 year on file its reported administrative ratio fell from 1.32% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,140th of 9,483), and 9,947th of 11,654 in professional & technical services. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,608,914
Participants with balances392
Active participants258
Employer contributions$666,048
Employee contributions$1,432,110
Employer contribution per active participant$2,582
Average account balance$11,757
Benefits paid to participants$1,048,856
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.6M · 392 accts · $666K emplr
2023$3.1M · 299 accts · $563K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,476
Investment management$17,525
Trustee / custodial$743
Total administrative$45,744
The Vinfast Auto LLC 401(k) match · 2024
Employer contribution per active participant$2,582
Median for plans this size$1,313
2024$2,582 per active participant
2023$3,162 per active participant

Vinfast Auto LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PAYCHEX, INC. · Recordkeeping$16,127
WELLS FARGO ADVISORS · Investment advisory (participants)$17,525
401K GENERATION · Contract administrator$11,392

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history2
2024$45,744 · 1.19%
2023$32,651 · 1.32%
Same employer
Similar plansProfessional & Technical Services · California
Curri Inc. CA$4.7M · 0.68%
Full Stack Finance, LLC CA$4.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851071072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.