Plan Ledger DOL Form 5500 · updated monthly

Vinfen CorporationProfit-sharing plan

VINFEN 401(A) COMPANY DEFINED CONTRIBUTION RETIREMENT PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Vinfen Corporation reported $205,070 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,560 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 502nd-largest of 2,726 plans among Massachusetts employers on file, and the 1,313th of 11,911 in health care & social assistance. active participation has grown from 2,483 to 3,151 since 2022.

Plan summary
Net assets, end of year$78,037,611
Participants with balances2,647
Active participants3,151
Employer contributions$4,914,347
Employee contributions$0
Employer contribution per active participant$1,560
Average account balance$29,482
Benefits paid to participants$4,149,545
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$78.0M · 2,647 accts · $4.9M emplr
2023$69.3M · 2,561 accts · $4.3M emplr
2022$61.7M · 2,806 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,430
Audit (IQPA)$15,750
Total administrative$205,070
Employer contributions to the Vinfen Corporation plan · 2024
Employer contribution per active participant$1,560
Median for plans this size$3,635
2024$1,560 per active participant
2023$1,503 per active participant
2022$1,547 per active participant

Vinfen Corporation's 2024 employer contribution ran below the $3,635 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$124,530
MORGAN STANLEY GLOBAL BANKING OPER · Investment advisory (plan)$55,000
PARKER, BROWN, MACAULAY & SHEERIN, · Legal$9,890
RSM US LLP · Accounting / audit$8,250
WRS · Accounting / audit$7,500

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$205,070 · 0.28%
2023$278,211 · 0.42%
2022$175,265 · 0.29%
All plans at this employer2
VINFEN 401(A) COMPANY DEFINED CONTRIBUTION RETIREMENT PLANProfit-sharing plan
VINFEN 403(B) EMPLOYEE RETIREMENT SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Prima Care, P.C. MA$86.8M · 0.46%
The May Institute, Inc. MA$85.0M · 0.28%
Anna Jaques Hospital MA$75.2M · 0.21%
Healthcare South P.C. MA$73.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042632219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.