Plan Ledger DOL Form 5500 · updated monthly

Vizance, Inc.401(k)

VIZANCE, INC. 401(K) PROFIT SHARING PLAN · HARTLAND, WI · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Vizance, Inc. reported $89,706 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,375 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 0.58% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 844th-largest of 1,936 plans among Wisconsin employers on file, and 3,006th of 4,798 in finance & insurance. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 180 to 277 since 2022.

Plan summary
Net assets, end of year$20,577,124
Participants with balances285
Active participants277
Employer contributions$657,937
Employee contributions$1,443,872
Employer contribution per active participant$2,375
Average account balance$72,200
Benefits paid to participants$1,092,410
Plan auditUnmodified (clean) audit opinion
AuditorQBCO ASSURANCE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 285 accts · $658K emplr
2023$15.3M · 197 accts · $574K emplr
2022$12.1M · 184 accts · $521K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,706
Total administrative$89,706
The Vizance, Inc. 401(k) match · 2024
Employer contribution per active participant$2,375
Median for plans this size$2,416
2024$2,375 per active participant
2023$3,223 per active participant
2022$2,896 per active participant

Vizance, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20246
WORLD INVESTMENT ADVISORS, LLC · Investment advisory (plan)$9,936
COTA STREET INVESTMENT MANAGEMENT · Investment management$8,911
BLUE CHIP RETIREMENT PLANS INC. · Contract administrator$2,100
OSAIC WEALTHindirect comp
WOODBURY FINANCIAL SERVICES INCindirect comp

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$89,706 · 0.50%
2023$79,450 · 0.58%
2022$74,241 · 0.58%
Same employer
Similar plansFinance & Insurance · Wisconsin
Natcom Bancshares, Inc. WI$22.7M · 0.57%
Verve, a Credit Union WI$22.4M · 0.26%
Citizens Bank WI$22.2M · 0.22%
T.I.C., Inc. WI$20.4M · 0.33%
Betterlife WI$19.0M · 0.18%
Blackhawk Bank WI$18.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391309381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.