Plan Ledger DOL Form 5500 · updated monthly

Vopak North America Inc.401(k)

VOPAK NORTH AMERICA INC. INCENTIVE SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Vopak North America Inc. reported $88,432 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,239 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 3 years on file its reported administrative ratio has held roughly steady near 0.141%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 884th-largest of 5,688 plans among Texas employers on file, and the 2,586th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,612,279
Participants with balances475
Active participants401
Employer contributions$1,699,829
Employee contributions$3,994,786
Employer contribution per active participant$4,239
Average account balance$138,131
Benefits paid to participants$8,347,096
Plan auditUnmodified (clean) audit opinion
AuditorWEINSTEIN SPIRA & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$65.6M · 475 accts · $1.7M emplr
2023$59.6M · $1.8M emplr
2022$52.4M · 513 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,241
Investment management$39,739
Total administrative$88,432
The Vopak North America Inc. 401(k) match · 2024
Employer contribution per active participant$4,239
Median for plans this size$3,635
2024$4,239 per active participant
2022$4,362 per active participant

Vopak North America Inc.'s 2024 employer contribution ran above the $3,635 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
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$34,000
ADVISED ASSETS GROUP, LLC · Investment management$5,739

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$88,432 · 0.14%
2023$82,527 · 0.15%
2022$82,986 · 0.14%
Same employer
Similar plansManufacturing · Texas
Valtir, LLC TX$68.2M · 0.18%
Ticom Geomatics, Inc. TX$67.2M · 0.09%
Tokai Carbon Cb LTD. TX$66.3M · 0.15%
Tymco, Inc. TX$64.7M · 0.11%
Methanex Services US LLC TX$63.3M · 0.09%
Atrion Corporation TX$63.0M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591730241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.