Plan Ledger DOL Form 5500 · updated monthly

A.G. van Metre Services, Inc401(k)

A.G. VAN METRE SERVICES, INC. 401(K) RETIREMENT PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

A.G. van Metre Services, Inc reported $29,721 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,220 per active participant. 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 362nd-largest of 2,266 plans among Virginia employers on file, and the 215th of 2,534 in administrative & support services. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 536 to 592 since 2022.

Plan summary
Net assets, end of year$73,833,185
Participants with balances776
Active participants592
Employer contributions$1,314,084
Employee contributions$4,016,811
Employer contribution per active participant$2,220
Average account balance$95,146
Benefits paid to participants$7,119,220
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.8M · 776 accts · $1.3M emplr
2023$66.3M · 752 accts · $1.2M emplr
2022$56.7M · 726 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,721
Total administrative$29,721
The A.G. van Metre Services, Inc 401(k) match · 2024
Employer contribution per active participant$2,220
Median for plans this size$3,635
2024$2,220 per active participant
2023$2,279 per active participant
2022$2,263 per active participant

A.G. van Metre Services, Inc's 2024 employer contribution ran below the $3,635 median for plans its size. 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.

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
ADP, INC. · Loan processing · Recordkeeping$29,720
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP, Bank of America / Merrill

This plan has changed recordkeepers within these filings. If you left A.G. van Metre Services, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,721 · 0.04%
2023$21,628 · 0.04%
2022$17,976 · 0.03%
Same employer
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Mvm, Inc. VA$83.2M · 0.54%
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Enserv, Inc. VA$24.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541564854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.