Plan Ledger DOL Form 5500 · updated monthly

Visual Comfort & Co.401(k)

VISUAL COMFORT & CO. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Visual Comfort & Co. reported $292,074 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,627 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 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 714th-largest of 5,688 plans among Texas employers on file, and the 2,114th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 1,037 to 1,401 since 2022.

Plan summary
Net assets, end of year$86,679,876
Participants with balances1,863
Active participants1,401
Employer contributions$3,680,157
Employee contributions$6,919,483
Employer contribution per active participant$2,627
Average account balance$46,527
Benefits paid to participants$6,244,688
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.7M · 1,863 accts · $3.7M emplr
2023$68.8M · 1,588 accts · $2.9M emplr
2022$53.8M · 1,447 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$259,167
Investment management$32,907
Total administrative$292,074
The Visual Comfort & Co. 401(k) match · 2024
Employer contribution per active participant$2,627
Median for plans this size$3,635
2024$2,627 per active participant
2023$2,300 per active participant
2022$2,361 per active participant

Visual Comfort & Co.'s 2024 employer contribution ran below the $3,635 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$60,000
EMPOWER ADVISORY GROUP, LLC · Investment management$32,907

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$292,074 · 0.38%
2023$232,661 · 0.38%
2022$209,310 · 0.36%
Similar plansManufacturing · Texas
Riviana Foods Inc. TX$90.0M · 0.19%
Solmax Geosynthetics, LLC. TX$87.9M · 0.07%
Haldor Topsoe, Inc. TX$87.2M · 0.17%
Valid Management LLC TX$85.5M · 0.00%
Ceco Environmental Corp. TX$84.7M · 0.14%
Cactus Wellhead, LLC TX$83.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208831825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.