Plan Ledger DOL Form 5500 · updated monthly

Vrc Engineered Solutions401(k)

VRC INTERMEDCO, INC. 401(K) · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Vrc Engineered Solutions reported $76,303 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $777 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 0.43% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,052nd of 1,936), and 7,125th of 13,661 in manufacturing. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has shrunk from 620 to 379 since 2022.

Plan summary
Net assets, end of year$14,891,810
Participants with balances399
Active participants379
Employer contributions$294,444
Employee contributions$1,094,874
Employer contribution per active participant$777
Average account balance$37,323
Benefits paid to participants$3,211,775
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 399 accts · $294K emplr
2023$14.9M · 509 accts · $439K emplr
2022$13.1M · 438 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,952
Investment management$36,351
Total administrative$76,303
The Vrc Engineered Solutions 401(k) match · 2024
Employer contribution per active participant$777
Median for plans this size$2,416
2024$777 per active participant
2023$914 per active participant
2022$402 per active participant

Vrc Engineered Solutions'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$39,952
NFP RETIREMENT INC · Investment advisory (plan)$36,351

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$76,303 · 0.51%
2023$76,010 · 0.54%
2022$49,340 · 0.43%
Same employer
Similar plansManufacturing · Wisconsin
Triangle Tool, LLC WI$15.0M · 0.21%
Eck Industries, Inc. WI$15.0M · 0.55%
Ampco Pumps Company Inc. WI$14.9M · 0.25%
Dalco Metals, Inc. WI$14.9M · 0.00%
Revela Foods, LLC WI$14.8M · 0.44%
Wb Manufacturing, LLC WI$14.8M · 0.59%
Wick Buildings, Inc. WI$14.6M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842371736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.