Plan Ledger DOL Form 5500 · updated monthly

Virtual Service Operations LLC401(k)

VIRTUAL SERVICE OPERATIONS 401(K) PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Virtual Service Operations LLC reported $14,651 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,161 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 rose from 0.27% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,938th of 5,688), and 9,610th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 160 to 377 since 2022.

Plan summary
Net assets, end of year$5,482,697
Participants with balances210
Active participants377
Employer contributions$437,827
Employee contributions$948,940
Employer contribution per active participant$1,161
Average account balance$26,108
Benefits paid to participants$613,795
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 210 accts · $438K emplr
2023$4.0M · 186 accts · $351K emplr
2022$2.7M · 158 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,651
Total administrative$14,651
The Virtual Service Operations LLC 401(k) match · 2024
Employer contribution per active participant$1,161
Median for plans this size$1,313
2024$1,161 per active participant
2023$1,135 per active participant
2022$1,686 per active participant

Virtual Service Operations LLC'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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$4,456
ASCENSUS · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$14,651 · 0.31%
2023$7,697 · 0.23%
2022$6,457 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Texas
Minol, Inc. TX$5.5M · 0.47%
Photon Infotech Inc TX$5.5M · 0.67%
Bepc, Inc. TX$5.5M · 0.00%
Active Cyber LLC TX$5.4M · 0.29%
Uhnder, Inc. TX$5.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821353455 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.