Plan Ledger DOL Form 5500 · updated monthly

1ST Pet Veterinary CentersESOP

1ST PET EMPLOYEE STOCK OWNERSHIP PLAN · CHANDLER, AZ · plan year 2023

Employer contribution per participant · 2023
$216

1ST Pet Veterinary Centers's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $73,184 across 208 participant accounts, with employer contributions averaging $216 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,273rd of 1,285), and 11,599th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$73,184
Participants with balances208
Active participants183
Employer contributions$39,486
Employee contributions—
Employer contribution per active participant$216
Average account balance$352
Benefits paid to participants$622
Plan auditUnmodified (clean) audit opinion
AuditorEVERS ROBINSON LTD
Plan history3
Yearassets · accounts · employer contribution
2024$-475K · 190 accts · $41K emplr
2023$73K · 208 accts · $39K emplr
2022$-128K · 189 accts · $39K emplr
Employer contributions to the 1ST Pet Veterinary Centers plan · 2023
Employer contribution per active participant$216
Median for plans this size$522
2024$249 per active participant
2023$216 per active participant
2022$210 per active participant

1ST Pet Veterinary Centers's 2023 employer contribution ran below the $522 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · Arizona
Urban Communities LLC AZ$286K · 3.57%
Wireless Revolution LLC AZ$236K · 4.71%
Eco Service LLC AZ$131K · 7.78%
Retail Solutions LLC AZ$84K · 8.80%
Depcom Power Inc. AZ$57K · 0.60%
Ideal Care LLC AZ$16K · 39.78%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860639943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.