Plan Ledger DOL Form 5500 · updated monthly

Vips Industries Inc401(k)

VIP'S INDUSTRIES INC 401K CASH OR DEFERRED SAVINGS PLAN · SALEM, OR · plan year 2025

Reported admin expense ratio · 2025
0.55%

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

Vips Industries Inc reported $40,885 in plan administrative expenses for 2025: 0.55% of average plan assets, below the peer median. Employer contributions averaged $1,482 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 fell from 0.66% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (622nd of 1,021), and 9,620th of 13,661 in manufacturing. In 2025, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 88 to 132 since 2022.

Plan summary
Net assets, end of year$8,104,485
Participants with balances135
Active participants132
Employer contributions$195,648
Employee contributions$433,660
Employer contribution per active participant$1,482
Average account balance$60,033
Benefits paid to participants$419,778
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPAS ADVISORS LLP
Plan history4
Yearassets · accounts · employer contribution
2025$8.1M · 135 accts · $196K emplr
2024$6.8M · 126 accts · $170K emplr
2023$5.8M · 118 accts · $145K emplr
2022$4.7M · 112 accts · $119K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$24,180
Investment management$13,021
Total administrative$40,885
The Vips Industries Inc 401(k) match · 2025
Employer contribution per active participant$1,482
Median for plans this size$1,464
2025$1,482 per active participant
2024$1,405 per active participant
2023$1,510 per active participant
2022$1,353 per active participant

Vips Industries Inc's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK USA · Recordkeeping · Investment management$470
D.A. DAVIDSON & CO · Investment advisory (participants)$11,195

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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Administrative cost history4
2025$40,885 · 0.55%
2024$34,470 · 0.55%
2023$33,438 · 0.64%
2022$33,880 · 0.66%
Same employer
Similar plansManufacturing · Oregon
Douglas County, Inc. OR$8.8M · 0.48%
Darex, LLC OR$8.0M · 0.45%
Sawstop, LLC OR$8.0M · 0.02%
Ideal Steel, Inc. OR$7.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930567187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.