Plan Ledger DOL Form 5500 · updated monthly

Voltage Multipliers, Inc.401(k)

VOLTAGE MULTIPLIERS, INC. 401(K) PLAN · VISALIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Voltage Multipliers, Inc. reported $6,475 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,504 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 0.041% to 0.039%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,989th-largest of 9,483 plans among California employers on file, and the 6,469th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,437,335
Participants with balances205
Active participants186
Employer contributions$465,769
Employee contributions$597,576
Employer contribution per active participant$2,504
Average account balance$85,060
Benefits paid to participants$2,057,850
Plan auditUnmodified (clean) audit opinion
AuditorK-COE ISOM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 205 accts · $466K emplr
2023$15.7M · 217 accts · $287K emplr
2022$14.3M · 208 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,475
Total administrative$6,475
The Voltage Multipliers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,504
Median for plans this size$2,416
2024$2,504 per active participant
2023$1,456 per active participant
2022$1,732 per active participant

Voltage Multipliers, Inc.'s 2024 employer contribution ran above 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$6,475
ADP BROKER-DEALERindirect comp
MORGAN STANLEY WEALTH MANAGEMENT · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$6,475 · 0.04%
2023$5,275 · 0.04%
2022$6,686 · 0.04%
Same employer
Similar plansManufacturing · California
Gritstone Bio, Inc. CA$17.5M · 0.49%
Dongalen Enterprises, Inc. CA$17.5M · 0.76%
Wilwood Engineering CA$17.5M · 0.05%
Nittobo America, Inc. CA$17.4M · 0.05%
Vertos Medical, Inc. CA$17.3M · 0.16%
Ventura Coastal, LLC. CA$17.3M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942718658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.