Plan Ledger DOL Form 5500 · updated monthly

Vsmpo-Tirus US401(k)

VSMPO-TIRUS US 401(K) PROFIT SHARING PLAN · LEETSDALE, PA · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Vsmpo-Tirus US reported $58,323 in plan administrative expenses for 2023: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,119 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 0.39% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (1,915th of 3,651), and 2,442nd of 4,246 in wholesale trade. In 2023, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,213,168
Participants with balances119
Active participants86
Employer contributions$354,225
Employee contributions$649,781
Employer contribution per active participant$4,119
Average account balance$119,438
Benefits paid to participants$882,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 104 accts · $349K emplr
2023$14.2M · 119 accts · $354K emplr
2022$12.2M · 146 accts · $393K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,808
Investment management$36,515
Total administrative$58,323
The Vsmpo-Tirus US 401(k) match · 2023
Employer contribution per active participant$4,119
Median for plans this size$2,440
2024$5,065 per active participant
2023$4,119 per active participant
2022$4,573 per active participant

Vsmpo-Tirus US's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MORGAN STANLEY · Investment advisory (plan)$35,349
EMPOWER ADVISORY GROUP, LLC · Investment management$1,166

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$61,478 · 0.43%
2023$58,323 · 0.44%
2022$51,402 · 0.39%
Similar plansWholesale Trade · Pennsylvania
Supplyforce.com, LLC PA$15.4M · 0.46%
Five Star Equipment, Inc. PA$14.1M · 0.03%
Office Basics, Inc. PA$13.9M · 0.35%
Kleen-Rite Corporation PA$13.6M · 0.13%
Trevdan, Inc PA$13.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841540290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.