Plan Ledger DOL Form 5500 · updated monthly

Vsc Fire & Security, Inc.401(k)

VSC FIRE & SECURITY 401(K) SAVINGS PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Vsc Fire & Security, Inc. reported $335,679 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,333 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 3 years on file its reported administrative ratio has held roughly steady near 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 266th-largest of 2,266 plans among Virginia employers on file, and the 1,800th of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 1,331 to 1,974 since 2022.

Plan summary
Net assets, end of year$107,768,647
Participants with balances2,017
Active participants1,974
Employer contributions$2,631,960
Employee contributions$7,718,295
Employer contribution per active participant$1,333
Average account balance$53,430
Benefits paid to participants$7,699,281
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.8M · 2,017 accts · $2.6M emplr
2023$90.8M · 1,773 accts · $2.3M emplr
2022$71.7M · 1,530 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,968
Investment management$140,711
Total administrative$335,679
The Vsc Fire & Security, Inc. 401(k) match · 2024
Employer contribution per active participant$1,333
Median for plans this size$3,635
2024$1,333 per active participant
2023$1,512 per active participant
2022$1,221 per active participant

Vsc Fire & Security, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$194,968
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$140,711

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$335,679 · 0.34%
2023$309,471 · 0.38%
2022$259,702 · 0.33%
Same employer
Similar plansManufacturing · Virginia
Tredegar Corporation VA$137.3M · 0.18%
Venture Global Lng, Inc VA$109.7M · 0.03%
Valley Proteins, LLC VA$101.4M · 0.22%
Fn America LLC VA$100.4M · 0.19%
Chg Group, Inc. VA$96.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541543122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.