Plan Ledger DOL Form 5500 · updated monthly

Vital Plastics, Inc401(k)

VITAL PLASTICS, INC. 401(K) PLAN · BALDWIN, WI · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Vital Plastics, Inc reported $10,311 in plan administrative expenses for 2023: 0.34% of average plan assets, below the peer median. Employer contributions averaged $439 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 1 year on file its reported administrative ratio fell from 0.64% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,757th of 1,936), and 12,181st of 13,661 in manufacturing. In 2023, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 103 to 296 since 2022.

Plan summary
Net assets, end of year$3,177,667
Participants with balances116
Active participants296
Employer contributions$129,941
Employee contributions$367,747
Employer contribution per active participant$439
Average account balance$27,394
Benefits paid to participants$567,533
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON LANGER & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $55K emplr
2023$3.2M · 116 accts · $130K emplr
2022$2.8M · 119 accts · $136K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,311
Total administrative$10,311
The Vital Plastics, Inc 401(k) match · 2023
Employer contribution per active participant$439
Median for plans this size$1,308
2023$439 per active participant
2022$1,318 per active participant

Vital Plastics, Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$10,311
ST CROIX ADVISORS, LLC · Pension consulting · Investment advisory (plan)$7,776

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

Recordkeeper by year2
2024Securian
2023Securian

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$10,311 · 0.34%
2022$18,821 · 0.64%
Same employer
Similar plansManufacturing · Wisconsin
Branches LLC WI$3.5M · 0.84%
Cpt, Inc. WI$3.4M · 0.91%
Argon Industries, Inc WI$3.2M · 1.07%
Octopi Brewing LLC WI$3.1M · 0.06%
Panoramic, Inc. WI$3.1M · 0.62%
Mastermold LLC WI$3.1M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391792049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.