Employers › Vontier › plan 002
Recordkeeping fees per participant · Vontier Union Retirement Savings Plan · plan year 2024
$51.49
Higher than 36% of the 5,847 plans $50 to 250M that report it.
= $42,785 / 831
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250714151214NAL0000781427001, received 2025-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250714151214NAL0000781427001, received 2025-07-14
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 2025-07-14.
Administrative expenses excluding investment management, per participant
$51.85
Higher than 26% of the 8,758 plans $50 to 250M that report it.
= $43,085 / 831
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250714151214NAL0000781427001, received 2025-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250714151214NAL0000781427001, received 2025-07-14
Administrative expenses per participant
$85.57
Higher than 29% of the 9,042 plans $50 to 250M that report it.
= $71,110 / 831
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250714151214NAL0000781427001, received 2025-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250714151214NAL0000781427001, received 2025-07-14
Administrative expenses as a share of assets
0.127%
Higher than 47% of the 9,049 plans $50 to 250M that report it.
= $71,110 / $56,040,877
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250714151214NAL0000781427001, received 2025-07-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250714151214NAL0000781427001, received 2025-07-14
Employer contributions per participant
$2,622
Higher than 48% of the 9,105 plans $50 to 250M that report it.
= $2,178,513 / 831
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250714151214NAL0000781427001, received 2025-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250714151214NAL0000781427001, received 2025-07-14
Employer share of total contributions
48.5%
Higher than 88% of the 9,112 plans $50 to 250M that report it.
= $2,178,513 / $4,490,410
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250714151214NAL0000781427001, received 2025-07-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250714151214NAL0000781427001, received 2025-07-14
96.3% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $8,487 ($95.78 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
3H controlled-group sponsor · 2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3B · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250714151214NAL0000781427001, received 2025-07-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VONTIER BUSINESS SERVICES LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Plan name | VONTIER UNION RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Sponsor EIN / plan number | 85-2604205 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Sponsor location | RALEIGH, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Industry (business code) | 336990, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Filing received | 2025-07-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Participants, beginning of year | 1,006 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Active participants | 789 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Participants, end of year | 943 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Participants with an account balance | 831 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Total assets, beginning of year | $60,874,890 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Total assets, end of year | $56,040,877 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Net assets, end of year | $56,040,877 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Total income | $10,974,028 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Net income | $1,547,101 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Employer contributions | $2,178,513 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Participant contributions | $2,311,897 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Other contributions (incl. rollovers) | $0 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Total contributions | $4,490,410 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Benefit payments | $9,355,817 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Total expenses (incl. benefit payments) | $9,426,927 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Total administrative expenses | $71,110 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Contract administrator fees | $300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Recordkeeping fees | $42,785 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Investment advisory and management fees | $28,025 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Administrative expenses excluding investment management | $43,085 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Held in master trusts | $53,973,345 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250714151214NAL0000781427001, received 2025-07-14 |
| Independent auditor | ERNST AND YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250714151214NAL0000781427001, received 2025-07-14 |
Position = column in the DOL layout for form year 2024. Filing 20250714151214NAL0000781427001, received 2025-07-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $43,083 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $28,025 | 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 20250714151214NAL0000781427001, received 2025-07-14.
VONTIER RET SVGS & VONTIER UNION MT (EIN 852604205, PN 003): plan interest $53,973,345, 11.8% of the trust. The trust's own filing (20250714150628NAL0001194753001, received 2025-07-14) reports net assets $457,803,981, administrative expenses $71,985, recordkeeping fees $0, investment management fees $56,985 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $60,874,890 | $56,040,877 | -7.9% |
| Participants with a balance | 983 | 831 | -15.5% |
| Administrative expenses | $76,649 | $71,110 | -7.2% |
| Recordkeeping fees per participant | $52.50 | $51.49 | -1.9% |
| Employer contributions | $2,331,992 | $2,178,513 | -6.6% |
Prior filing 20240924135643NAL0007486563001, received 2024-09-24; the plan years are contiguous.