Plan Ledger DOL Form 5500 · updated monthly

Voyager Industries, Inc.401(k)

VOYAGER INDUSTRIES EMPLOYEE 401(K) PLAN · BRANDON, MN · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Voyager Industries, Inc. reported $31,650 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,440 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 rose from 0.91% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,701st of 1,918), and 12,117th of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has shrunk from 148 to 88 since 2022.

Plan summary
Net assets, end of year$3,299,970
Participants with balances79
Active participants88
Employer contributions$126,681
Employee contributions$305,275
Employer contribution per active participant$1,440
Average account balance$41,772
Benefits paid to participants$592,752
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 79 accts · $127K emplr
2023$3.1M · 117 accts · $140K emplr
2022$2.5M · 100 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,902
Investment management$5,589
Total administrative$31,650
The Voyager Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,440
Median for plans this size$1,313
2024$1,440 per active participant
2023$1,239 per active participant
2022$947 per active participant

Voyager Industries, Inc.'s 2024 employer contribution ran above the $1,313 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
BREMER BANK NATIONAL ASSOCIATION$14,159
EMPOWER ADVISORY GROUP, LLC · Investment management$5,589

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$31,650 · 0.99%
2023$26,296 · 0.94%
2022$22,439 · 0.91%
Similar plansManufacturing · Minnesota
Rhino, Inc. MN$3.7M · 1.09%
Anderson Fabrics, Inc. MN$3.6M · 0.76%
Alexandria Pro-Fab, Inc. MN$3.3M · 0.72%
Premier Marine LLC MN$3.2M · 1.63%
Steinwall Incorporated MN$3.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411865425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.