Plan Ledger DOL Form 5500 · updated monthly

Vzl Staffing Services, LLC401(k)

VZL 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.93%

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

Vzl Staffing Services, LLC reported $119,603 in plan administrative expenses for 2023: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,223 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 1 year on file its reported administrative ratio rose from 0.27% to 0.93%. 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 the 1,765th-largest of 3,702 plans among Illinois employers on file, and the 2,025th of 4,246 in wholesale trade. In 2023, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,511,557
Participants with balances3,954
Active participants2,773
Employer contributions$3,390,995
Employee contributions$6,341,373
Employer contribution per active participant$1,223
Average account balance$4,682
Benefits paid to participants$1,067,230
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$18.5M · 3,954 accts · $3.4M emplr
2022$7.1M · 3,109 accts · $2.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$102,483
Trustee / custodial$17,120
Total administrative$119,603
The Vzl Staffing Services, LLC 401(k) match · 2023
Employer contribution per active participant$1,223
Median for plans this size$2,440
2023$1,223 per active participant
2022$866 per active participant

Vzl Staffing Services, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping · Participant communication$102,483
PENCHECKS TRUST COMPANY OF AMERICA · Custodial$17,120

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

Administrative cost history2
2023$119,603 · 0.93%
2022$19,531 · 0.27%
Same employer
Similar plansWholesale Trade · Illinois
The Cary Company IL$18.5M · 0.69%
Headco Industries, Inc. IL$18.4M · 0.56%
Kuna Meat Company, Inc. IL$17.9M · 1.03%
Ca Fortune IL$17.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842420784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.