Plan Ledger DOL Form 5500 · updated monthly

Vpi Acquisition Corp. D/B/A Viking Plastics401(k)

VIKING PLASTICS 401(K) PLAN & TRUST · CORRY, PA · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Vpi Acquisition Corp. D/B/A Viking Plastics reported $56,311 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,123 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 0.57% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,026th of 3,651), and 7,755th of 13,661 in manufacturing. In 2023, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,902,224
Participants with balances179
Active participants169
Employer contributions$189,765
Employee contributions$536,704
Employer contribution per active participant$1,123
Average account balance$72,079
Benefits paid to participants$877,893
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 163 accts · $184K emplr
2023$12.9M · 179 accts · $190K emplr
2022$11.0M · 186 accts · $122K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,362
Investment management$34,949
Total administrative$56,311
The Vpi Acquisition Corp. D/B/A Viking Plastics 401(k) match · 2023
Employer contribution per active participant$1,123
Median for plans this size$2,440
2024$1,177 per active participant
2023$1,123 per active participant
2022$696 per active participant

Vpi Acquisition Corp. D/B/A Viking Plastics's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ALERUS · Recordkeeping · Custodial (securities)$14,552
DUNBAR, BENDER, & ZAPF, INC. · Recordkeeping · Consulting$6,810
CHRISTENSEN GROUP INSURANCE · Investment advisory (participants) · Investment advisory (plan)$34,949

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

Recordkeeper by year2
2024Alerus, DUNBAR, BENDER, & ZAPF, INC.
2023Alerus, DUNBAR, BENDER, & ZAPF, INC.

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Administrative cost history3
2024$63,094 · 0.49%
2023$56,311 · 0.47%
2022$70,336 · 0.57%
Same employer
Similar plansManufacturing · Pennsylvania
Spray Products Corporation PA$13.3M · 0.32%
Allegheny Bradford Corp. PA$13.2M · 0.12%
Electron Energy Corporation PA$13.0M · 0.00%
Liberty Electronics, Inc. PA$12.9M · 0.45%
Frontida Biopharm, Inc. PA$12.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204960742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.