Plan Ledger DOL Form 5500 · updated monthly

Virtual Officeware (de), LLC401(k)

VIRTUAL OFFICEWARE (DE), LLC 401(K) SAVINGS PLAN · PITTSBURGH, PA · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Virtual Officeware (de), LLC reported $17,285 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $838 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (3,239th of 3,651), and 10,673rd of 11,654 in professional & technical services. In 2022, employees put in $5.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,611,415
Participants with balances91
Active participants68
Employer contributions$56,962
Employee contributions$310,125
Employer contribution per active participant$838
Average account balance$28,697
Benefits paid to participants$250,737
Plan auditUnmodified (clean) audit opinion
AuditorGOFF BACKA ALFERA & COMPANY, LLC
Administrative expenses, itemized · 2022
Professional / advisory$17,285
Total administrative$17,285
The Virtual Officeware (de), LLC 401(k) match · 2022
Employer contribution per active participant$838
Median for plans this size$1,114

Virtual Officeware (de), LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$17,285 · 0.61%
Similar plansProfessional & Technical Services · Pennsylvania
Sallus Retirement LLC PA$2.8M · 0.51%
Concorde, Inc. PA$2.7M · 0.98%
Reliant Holdings, Inc. PA$2.7M · 0.09%
Synergy Inspections, LLC PA$2.4M · 0.62%
Alpha Mills Corporation PA$2.1M · 1.21%
Hanes Erie, Inc. PA$1.9M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383892710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.