Plan Ledger DOL Form 5500 · updated monthly

Vmc Management Corp401(k)

THE ARCHITECT 401(K) PLAN- VMC MANAGEMENT · WILLIAMSBURG, IA · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Vmc Management Corp reported $27,031 in plan administrative expenses for 2022: 0.50% of average plan assets, above the peer median. Employer contributions averaged $1,510 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Iowa (700th of 878), and 9,830th of 11,654 in professional & technical services. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,952,958
Participants with balances96
Active participants137
Employer contributions$206,837
Employee contributions$346,375
Employer contribution per active participant$1,510
Average account balance$51,593
Benefits paid to participants$284,889
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Administrative expenses, itemized · 2022
Professional / advisory$27,031
Total administrative$27,031
The Vmc Management Corp 401(k) match · 2022
Employer contribution per active participant$1,510
Median for plans this size$1,114

Vmc Management Corp's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,031 · 0.50%
Similar plansProfessional & Technical Services · Iowa
Galaxy 1 Marketing, Inc. IA$7.4M · 0.45%
Ir Labs de, LLC IA$6.4M · 1.21%
Hydro-Klean LLC IA$6.0M · 0.82%
Ip Pathways, LLC IA$4.8M · 0.30%
Infinity Contact Inc. IA$3.7M · 0.64%
Humach, LLC IA$3.2M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 421475635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.