Plan Ledger DOL Form 5500 · updated monthly

Vrc Companies, LLC401(k)

VRC COMPANIES, LLC 401(K) PROFIT SHARING PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Vrc Companies, LLC reported $99,205 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $681 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 0.05% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 521st-largest of 1,496 plans among Tennessee employers on file, and the 700th of 2,677 in transportation & warehousing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 846 to 1,864 since 2022.

Plan summary
Net assets, end of year$21,710,864
Participants with balances783
Active participants1,864
Employer contributions$1,268,688
Employee contributions$2,079,937
Employer contribution per active participant$681
Average account balance$27,728
Benefits paid to participants$2,503,439
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON, HOWELL & ASSOCIATES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 783 accts · $1.3M emplr
2023$18.0M · 986 accts · $1.2M emplr
2022$13.8M · 922 accts · $962K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,993
Investment management$12
Total administrative$99,205
The Vrc Companies, LLC 401(k) match · 2024
Employer contribution per active participant$681
Median for plans this size$2,416
2024$681 per active participant
2023$962 per active participant
2022$1,137 per active participant

Vrc Companies, 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 · 20243
NATIONWIDE INSURANCE · Recordkeeping$15,176
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (participants)$29
ARES RETIREMENT PLAN SERVICES, LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,205 · 0.50%
2023$23,976 · 0.15%
2022$6,825 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Paladin Capital, Inc. TN$26.6M · 0.53%
Cryoport, Inc. TN$22.3M · 0.31%
Tcw Admin, Inc. TN$19.5M · 0.82%
Danny Herman Trucking, Inc. TN$19.3M · 0.46%
Ozark Motor Lines, Inc TN$17.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820796581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.