Employers › Vicor
Recordkeeping fees per participant · Vicor Corporation 401(k) Plan · plan year 2024
$136.63
Higher than 87% of the 5,847 plans $50 to 250M that report it.
= $160,946 / 1,178
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250903095149NAL0025800704001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903095149NAL0025800704001, received 2025-09-03
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-03.
Administrative expenses excluding investment management, per participant
$160.21
Higher than 77% of the 8,758 plans $50 to 250M that report it.
= $188,722 / 1,178
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250903095149NAL0025800704001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903095149NAL0025800704001, received 2025-09-03
Administrative expenses per participant
$215.38
Higher than 74% of the 9,042 plans $50 to 250M that report it.
= $253,722 / 1,178
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250903095149NAL0025800704001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903095149NAL0025800704001, received 2025-09-03
Administrative expenses as a share of assets
0.136%
Higher than 50% of the 9,049 plans $50 to 250M that report it.
= $253,722 / $186,360,466
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250903095149NAL0025800704001, received 2025-09-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250903095149NAL0025800704001, received 2025-09-03
Employer contributions per participant
$1,847
Higher than 29% of the 9,105 plans $50 to 250M that report it.
= $2,175,231 / 1,178
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250903095149NAL0025800704001, received 2025-09-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903095149NAL0025800704001, received 2025-09-03
Employer share of total contributions
17.7%
Higher than 13% of the 9,112 plans $50 to 250M that report it.
= $2,175,231 / $12,289,705
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250903095149NAL0025800704001, received 2025-09-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250903095149NAL0025800704001, received 2025-09-03
Employer match
“The Company matches employee contributions to the plan at a rate of 50%, up to the first 6% of an employee’s compensation.”
Form 10-K filed 2026-03-02, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“The Company’s matching contributions currently vest at a rate of 20% per year, based upon years of service.”
Form 10-K filed 2026-03-02, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250903095149NAL0025800704001, received 2025-09-03
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VICOR CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Plan name | VICOR CORPORATION 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Sponsor EIN / plan number | 04-2742817 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Sponsor location | ANDOVER, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Industry (business code) | 335900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Filing received | 2025-09-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Participants, beginning of year | 1,439 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Active participants | 941 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Participants, end of year | 1,216 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Participants with an account balance | 1,178 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Total assets, beginning of year | $173,814,103 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Total assets, end of year | $186,360,466 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Net assets, end of year | $186,360,466 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Total income | $31,811,965 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Net income | $12,546,363 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Employer contributions | $2,175,231 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Participant contributions | $8,977,110 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Other contributions (incl. rollovers) | $1,137,364 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Total contributions | $12,289,705 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Benefit payments | $19,011,880 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Total expenses (incl. benefit payments) | $19,265,602 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Total administrative expenses | $253,722 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Contract administrator fees | $46,063 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Recordkeeping fees | $160,946 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| IQPA audit fees | $30,188 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Investment advisory and management fees | $65,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Administrative expenses excluding investment management | $188,722 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Held in common/collective trusts | $20,579,792 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Held in mutual funds | $106,811,948 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250903095149NAL0025800704001, received 2025-09-03 |
| Independent auditor | CBIZ CPAS P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250903095149NAL0025800704001, received 2025-09-03 |
Position = column in the DOL layout for form year 2024. Filing 20250903095149NAL0025800704001, received 2025-09-03.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 13 Contract administrator; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees; 37 Participant loan processing | $209,089 | yes |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $65,000 | no |
| CBIZ CPAS P.C. | AUDITOR | 10 Accounting (including auditing) | $30,188 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250903095149NAL0025800704001, received 2025-09-03.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $173,814,103 | $186,360,466 | 7.2% |
| Participants with a balance | 1,422 | 1,178 | -17.2% |
| Administrative expenses | $279,486 | $253,722 | -9.2% |
| Recordkeeping fees per participant | not reported | $136.63 | |
| Employer contributions | $2,314,722 | $2,175,231 | -6.0% |
Prior filing 20240919101201NAL0003453907001, received 2024-09-19; the plan years are contiguous.
Sponsor name as filed: VICOR CORPORATION; SEC registrant: VICOR CORP (CIK 751978, matched by EIN; display name from the Form 10-K cover).