Plan Ledger DOL Form 5500 · updated monthly

Vivet, Inc401(k)

VIVET INC. 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Vivet, Inc reported $15,462 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,543 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,298th of 2,005), and 3,350th of 4,246 in wholesale trade. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,074,607
Participants with balances130
Active participants133
Employer contributions$205,178
Employee contributions$416,032
Employer contribution per active participant$1,543
Average account balance$54,420
Benefits paid to participants$979,544
Plan auditUnmodified (clean) audit opinion
AuditorCHEN & FAN ACCOUNTANCY CORP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,462
Total administrative$15,462
The Vivet, Inc 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$1,313

Vivet, Inc's 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$15,462

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

Administrative cost history1
2024$15,462 · 0.22%
Same employer
Similar plansWholesale Trade · North Carolina
Long Beverage, Inc. NC$7.7M · 0.31%
Noble Oil Services Inc NC$7.6M · 0.33%
Blumenthal Holdings, LLC NC$7.2M · 0.38%
Staline Waterworks, Inc. NC$6.9M · 0.25%
Prollenium US, Inc NC$6.7M · 0.07%
Jerrys Artarama Nc, Inc. NC$6.7M · 0.57%
Seiren North America, LLC NC$6.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821135714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.