Plan Ledger DOL Form 5500 · updated monthly

Vita-Mix Holdings Company401(k)

VITA-MIX COMPANIES 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Vita-Mix Holdings Company reported $194,222 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,456 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 0.259%. 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 457th-largest of 3,295 plans among Ohio employers on file, and the 2,303rd of 13,661 in manufacturing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has shrunk from 747 to 561 since 2022.

Plan summary
Net assets, end of year$76,714,666
Participants with balances844
Active participants561
Employer contributions$1,377,591
Employee contributions$4,568,582
Employer contribution per active participant$2,456
Average account balance$90,894
Benefits paid to participants$12,586,924
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY NOVOTNY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$76.7M · 844 accts · $1.4M emplr
2023$73.1M · 954 accts · $1.4M emplr
2022$60.5M · 984 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,967
Investment management$71,055
Audit (IQPA)$19,200
Total administrative$194,222
The Vita-Mix Holdings Company 401(k) match · 2024
Employer contribution per active participant$2,456
Median for plans this size$3,635
2024$2,456 per active participant
2023$2,056 per active participant
2022$1,965 per active participant

Vita-Mix Holdings Company'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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$109,627
BENEFITS CONSULTING GROUP LLC · Investment management$48,467
MALONEY NOVOTNY LLC · Accounting / audit$19,200
GLOBAL RETIREMENT PARTNERS LLC · Investment management$16,927

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$194,222 · 0.26%
2023$163,358 · 0.24%
2022$173,277 · 0.26%
Same employer
Similar plansManufacturing · Ohio
Rohrer Corporation OH$81.4M · 0.29%
Remington Products Company OH$78.9M · 0.14%
Great Day Improvements, LLC OH$76.6M · 0.27%
Heidtman Steel Products OH$75.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340084909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.