Plan Ledger DOL Form 5500 · updated monthly

Vista Springs LLC401(k)

VISTA SPRINGS LLC 401(K) PROFIT SHARING PLAN & TRUST · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Vista Springs LLC reported $60 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.04% to 0.01%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,534th of 2,619), and 11,395th of 11,654 in professional & technical services. active participation has shrunk from 534 to 408 since 2022.

Plan summary
Net assets, end of year$599,673
Participants with balances121
Active participants408
Employer contributions$0
Employee contributions$138,416
Employer contribution per active participant$0
Average account balance$4,956
Benefits paid to participants$78,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$600K · 121 accts
2023$471K · 113 accts
2022$329K · 101 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60
Total administrative$60
The Vista Springs LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Vista Springs LLC's 2024 employer contribution ran below the $540 median for plans its size, in the bottom quarter of its peers. 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.

Administrative cost history3
2024$60 · 0.01%
2023$60 · 0.02%
2022$120 · 0.04%
Similar plansProfessional & Technical Services · Michigan
Rb Buyer I MI$661K · 0.37%
Kirby Services, LLC MI$415K · 1.94%
Cybertech Inc MI$277K · 1.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453687776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.