Plan Ledger DOL Form 5500 · updated monthly

Vps Companies, Inc.401(k)

VPS COMPANIES PROFIT SHARING AND 401(K) PLAN · WATSONVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Vps Companies, Inc. reported $36,323 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,459 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 0.22% to 0.17%. 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 the 3,369th-largest of 9,483 plans among California employers on file, and the 1,737th of 4,246 in wholesale trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,251,548
Participants with balances122
Active participants90
Employer contributions$131,326
Employee contributions$234,355
Employer contribution per active participant$1,459
Average account balance$182,390
Benefits paid to participants$343,768
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 122 accts · $131K emplr
2023$21.2M · 121 accts · $833K emplr
2022$20.7M · 93 accts · $804K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,158
Investment management$10,665
Audit (IQPA)$13,500
Total administrative$36,323
The Vps Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,459
Median for plans this size$2,416
2024$1,459 per active participant
2023$8,952 per active participant
2022$8,644 per active participant

Vps Companies, Inc.'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 · 20243
PENSION ASSURANCE LLP · Accounting / audit$13,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,158
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$55

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$36,323 · 0.17%
2023$48,111 · 0.23%
2022$46,106 · 0.22%
Similar plansWholesale Trade · California
Santa Cruz Bicycles, Inc. CA$22.5M · 0.32%
Idec Corporation CA$22.4M · 0.36%
Galleher LLC CA$22.3M · 0.26%
Elkay Plastics Co., Inc. CA$22.3M · 0.25%
Pacific Medical, Inc. CA$21.9M · 0.47%
Bizlink Technology, Inc. CA$21.8M · 0.16%
Toms Shoes, LLC CA$21.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941629252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.