Plan Ledger DOL Form 5500 · updated monthly

Vip Rubber Company, Inc401(k)

VIP RUBBER COMPANY, INC. 401(K) & PROFIT SHARING PLAN · LA HABRA, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Vip Rubber Company, Inc reported $8,569 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,020 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 fell from 0.63% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,514th of 9,483), and 10,459th of 13,661 in manufacturing. In 2024, employees put in $3.50 for every $1.00 the employer contributed; active participation has grown from 177 to 196 since 2022.

Plan summary
Net assets, end of year$6,433,045
Participants with balances198
Active participants196
Employer contributions$200,000
Employee contributions$699,704
Employer contribution per active participant$1,020
Average account balance$32,490
Benefits paid to participants$415,841
Plan auditUnmodified (clean) audit opinion
AuditorALMICH & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 198 accts · $200K emplr
2023$5.3M · 199 accts · $100K emplr
2022$4.3M · 189 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,631
Investment management$938
Total administrative$8,569
The Vip Rubber Company, Inc 401(k) match · 2024
Employer contribution per active participant$1,020
Median for plans this size$1,313
2024$1,020 per active participant
2023$515 per active participant
2022$557 per active participant

Vip Rubber Company, Inc's 2024 employer contribution ran below the $1,313 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 · 20241
SENTRY LIFE INSURANCE COMPANY · Loan processing$7,631

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$8,569 · 0.15%
2023$9,558 · 0.20%
2022$27,898 · 0.63%
Same employer
Similar plansManufacturing · California
McKenna Labs, Inc. CA$6.6M · 0.85%
Pacific Plastics, Inc. CA$6.5M · 0.13%
Magnetika, Inc. CA$6.5M · 0.10%
Win-Dor, Inc CA$6.4M · 0.31%
Carter Duncan LP CA$6.4M · 0.49%
Intratek Computer, Inc. CA$6.4M · 0.71%
Wonder Ice Cream, Inc. CA$6.3M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952656481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.