Plan Ledger DOL Form 5500 · updated monthly

Vortex Industries, LLC401(k)

VORTEX EMPLOYEES 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Vortex Industries, LLC reported $125,456 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,080 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 0.40% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,258th-largest of 9,483 plans among California employers on file, and the 1,304th of 5,337 in construction. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 635 to 1,040 since 2022.

Plan summary
Net assets, end of year$37,434,527
Participants with balances839
Active participants1,040
Employer contributions$1,123,130
Employee contributions$3,340,854
Employer contribution per active participant$1,080
Average account balance$44,618
Benefits paid to participants$3,731,010
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 839 accts · $1.1M emplr
2023$30.6M · 594 accts · $788K emplr
2022$25.2M · 399 accts · $630K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,184
Investment management$39,272
Audit (IQPA)$15,500
Total administrative$125,456
The Vortex Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,080
Median for plans this size$2,416
2024$1,080 per active participant
2023$1,078 per active participant
2022$992 per active participant

Vortex Industries, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,184
GALLAGHER FIDUCIARY ADVISORS LLC · Consulting · Investment advisory (plan)$30,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,772
LANCE SOLL & LUNGHARD, LLP · Accounting / audit$15,500

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$125,456 · 0.37%
2023$129,257 · 0.46%
2022$110,374 · 0.40%
Same employer
Similar plansConstruction · California
The Don Chapin Co., Inc. CA$38.6M · 0.28%
Vellutini Corporation CA$38.1M · 0.28%
American Incorporated CA$38.0M · 0.35%
The Arcticom Group, LLC CA$36.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952761304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.