Plan Ledger DOL Form 5500 · updated monthly

Vutex, Inc.401(k)

VUTEX, INC. 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Vutex, Inc. reported $34,812 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $437 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 0.64% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,761st of 5,688), and 3,459th of 4,246 in wholesale trade. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,242,969
Participants with balances198
Active participants522
Employer contributions$228,273
Employee contributions$384,140
Employer contribution per active participant$437
Average account balance$31,530
Benefits paid to participants$1,030,066
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 198 accts · $228K emplr
2023$6.1M · 209 accts · $237K emplr
2022$5.4M · 210 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,812
Total administrative$34,812
The Vutex, Inc. 401(k) match · 2024
Employer contribution per active participant$437
Median for plans this size$1,313
2024$437 per active participant
2023$433 per active participant
2022$493 per active participant

Vutex, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$19,158
OLSON WEALTH MANAGEMENT · Investment advisory (plan)$14,871
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$34,812 · 0.57%
2023$34,271 · 0.60%
2022$39,496 · 0.64%
Same employer
Similar plansWholesale Trade · Texas
Texas Book Company TX$6.6M · 0.04%
Intellicentrics, Inc. TX$6.4M · 0.47%
R & K Distributors, Inc. TX$6.4M · 0.47%
Midtex Oil, LP TX$6.2M · 0.68%
Lockwood Partners, LLC TX$6.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061735582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.