Plan Ledger DOL Form 5500 · updated monthly

Virginia Industries, Inc.401(k)

VIRGINIA INDUSTRIES, INC. 401(K) PLAN · ROCKY HILL, CT · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Virginia Industries, Inc. reported $79,796 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,991 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 0.62% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (574th of 1,106), and the 6,173rd of 13,661 in manufacturing. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,774,019
Participants with balances612
Active participants247
Employer contributions$738,694
Employee contributions$687,069
Employer contribution per active participant$2,991
Average account balance$30,677
Benefits paid to participants$1,594,205
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 612 accts · $739K emplr
2023$16.5M · 620 accts · $672K emplr
2022$13.7M · 523 accts · $578K emplr
The Virginia Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,991
Median for plans this size$2,416
2024$2,991 per active participant
2023$2,167 per active participant
2022$2,266 per active participant

Virginia Industries, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
USI CONSULTING GROUP, INC. · Recordkeeping$53,057
USI ADVISORS, INC. · Investment advisory (plan)$26,739
CHARLES SCHWAB TRUST BANK · Trusteeindirect comp

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

Recordkeeper by year2
2024USI Consulting
2023H&H RETIREMENT SERVICES, INC.

This plan has changed recordkeepers within these filings. If you left Virginia Industries, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$79,796 · 0.45%
2023$99,743 · 0.66%
2022$91,771 · 0.62%
Same employer
Similar plansManufacturing · Connecticut
Mb Precision Holdings, Inc. CT$20.1M · 0.74%
Parfums de Coeur, LTD. CT$19.6M · 0.17%
Greenfield Global USA Inc. CT$19.5M · 0.17%
Creed 2.0, LLC CT$19.0M · 0.25%
Aero Gear, Inc. CT$18.6M · 0.17%
Empire Industries, Inc. CT$18.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061073917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.