Plan Ledger DOL Form 5500 · updated monthly

Voss Electric Company401(k)

VOSS ELECTRIC COMPANY 401(K) PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Voss Electric Company reported $46,729 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,933 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 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Nebraska (312th of 565), and 2,405th of 4,246 in wholesale trade. In 2024, employees put in $3.02 for every $1.00 the employer contributed; active participation has shrunk from 160 to 120 since 2022.

Plan summary
Net assets, end of year$14,584,123
Participants with balances227
Active participants120
Employer contributions$232,015
Employee contributions$700,333
Employer contribution per active participant$1,933
Average account balance$64,247
Benefits paid to participants$2,877,793
Plan auditUnmodified (clean) audit opinion
AuditorGRAFTON & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 227 accts · $232K emplr
2023$14.5M · 251 accts · $325K emplr
2022$14.2M · 243 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,092
Investment management$33,637
Total administrative$46,729
The Voss Electric Company 401(k) match · 2024
Employer contribution per active participant$1,933
Median for plans this size$2,416
2024$1,933 per active participant
2023$1,902 per active participant
2022$811 per active participant

Voss Electric Company'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 · 20242
RBC WEALTH MANAGEMENT · Investment advisory (plan)$33,637
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,092

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$46,729 · 0.32%
2023$46,686 · 0.33%
2022$45,728 · 0.33%
Same employer
Similar plansWholesale Trade · Nebraska
Dutton-Lainson Company NE$30.8M · 0.21%
Linpepco Partnership NE$23.8M · 0.08%
Riekes Equipment Company NE$21.0M · 0.39%
Whitehead Oil Company NE$20.2M · 0.58%
Bosselman Energy, Inc. NE$12.7M · 0.65%
Westin Inc. NE$11.2M · 0.33%
Lift Solutions, Inc. NE$11.1M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470582038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.