Plan Ledger DOL Form 5500 · updated monthly

1ST Pet Veterinary Centers, Inc.401(k)

1ST PET VETERINARY CENTERS 401(K) PROFIT SHARING PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.94%

1ST Pet Veterinary Centers, Inc. reported $38,746 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. 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 2 years on file its reported administrative ratio rose from 0.84% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (879th of 1,285), and 10,061st of 11,654 in professional & technical services. active participation has shrunk from 273 to 199 since 2022.

Plan summary
Net assets, end of year$4,305,507
Participants with balances140
Active participants199
Employer contributions—
Employee contributions$442,490
Employer contribution per active participant—
Average account balance$30,754
Benefits paid to participants$606,750
Plan auditUnmodified (clean) audit opinion
AuditorEVERS ROBINSON LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 140 accts
2023$4.0M · 152 accts
2022$3.2M · 187 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,746
Total administrative$38,746
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$38,745
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$38,746 · 0.94%
2023$31,896 · 0.89%
2022$28,619 · 0.84%
Similar plansProfessional & Technical Services · Arizona
Solera Health AZ$4.9M · 0.66%
Tsvc, LLC AZ$4.1M · 1.35%
Kear Civil Corporation AZ$4.0M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872027308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.