Plan Ledger DOL Form 5500 · updated monthly

Vision Solar401(k)

VISION SOLAR 401(K) PLAN · HADDONFIELD, NJ · plan year 2022

Reported admin expense ratio · 2022
1.95%

Vision Solar reported $8,147 in plan administrative expenses for 2022: 1.95% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 1.95% to 4.35%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (2,295th of 2,419), and 5,219th of 5,337 in construction.

Plan summary
Net assets, end of year$506,220
Participants with balances136
Active participants898
Employer contributions—
Employee contributions$383,734
Employer contribution per active participant—
Average account balance$3,722
Benefits paid to participants$125,027
Plan auditUnmodified (clean) audit opinion
AuditorSEE ATTACHED REASONABLE CAUSE
Plan history2
Yearassets · accounts · employer contribution
2023$476K · 61 accts
2022$506K · 136 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,147
Total administrative$8,147
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 history2
2023$21,342 · 4.35%
2022$8,147 · 1.95%
Similar plansConstruction · New Jersey
Labar Golf Renovations NJ$1.7M · 1.70%
1 800 Heaters Inc NJ$1.3M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831527189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.