Plan Ledger DOL Form 5500 · updated monthly

Vision Point Systems, Inc.401(k)

VISION POINT SYSTEMS RETIREMENT PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Vision Point Systems, Inc. reported $74,392 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,156 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 has held roughly steady near 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,324th of 2,266), and 7,293rd of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 127 to 152 since 2022.

Plan summary
Net assets, end of year$12,328,078
Participants with balances211
Active participants152
Employer contributions$479,727
Employee contributions$874,423
Employer contribution per active participant$3,156
Average account balance$58,427
Benefits paid to participants$653,434
Plan auditUnmodified (clean) audit opinion
AuditorBRONTIDE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 211 accts · $480K emplr
2023$9.5M · 187 accts · $420K emplr
2022$7.9M · 168 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,484
Investment management$30,908
Total administrative$74,392
The Vision Point Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,156
Median for plans this size$2,416
2024$3,156 per active participant
2023$3,132 per active participant
2022$3,130 per active participant

Vision Point Systems, 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,320
MERRILL LYNCH - EPS · Investment advisory (participants)indirect comp
MERRILL LYNCH - FAS · Investment advisory (participants)indirect 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
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$74,392 · 0.68%
2023$63,710 · 0.73%
2022$57,375 · 0.70%
Similar plansProfessional & Technical Services · Virginia
The Prospective Group Inc. VA$12.7M · 0.10%
Social Impact, Inc. VA$12.5M · 0.70%
Innovate, Inc. VA$12.5M · 0.50%
Securigence LLC VA$12.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300121317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.