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Department of Labor filing

VCC

BUILD RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

47filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,782

Reported employer contributions per active participant.

Higher than about 39% of comparable plans
#People in the filing
578

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$99 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 64% of comparable plans
↗Investment performance
Not available

Plan assets changed 12.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202447out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions39th percentileTypical peer $2,318 · based on 125 comparable plans
Lower reported administrative expense64th percentileTypical peer $127 · based on 125 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, VCC reported $1,029,803 in employer contributions across the plan and 578 active participants. That works out to $1,782 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy65%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 312.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 41.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context47/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$1,029,803
Participant contributions
$3,374,367
Other contributions
$829,507
Employer share of reported contributions
23.4%
Beginning assets
$72,020,815
Ending assets
$80,683,284
Ending net assets
$80,683,284
Ending liabilities
$0
Total income
$14,380,240
Total expenses
$5,717,771
Administrative expenses
$82,061
Participant loans
$878,429

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$432
2023
$1,569
2024
$1,782
Plan-paid administrative expenses per participant
2022
$169
2023
$128
2024
$99
Active participants
2022
538
2023
605
2024
578
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$1,78257880.7M20251014171548NAL0003367697001
2023$1,56960572M20241015175230NAL0030545889001
2022$43253862.7M20231017171639NAL0026488227001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.1%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
710644259-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Apr 1, 1987
Industry
Construction
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D3H

Current plan terms

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Filing ACK_ID20251014171548NAL0003367697001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗