Plan Ledger DOL Form 5500 · updated monthly

Cityvet Inc.401(k)

CITYVET 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Cityvet Inc. reported $40,321 in plan administrative expenses for 2023: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,360 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 has held roughly steady near 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Texas (3,704th of 5,688), and 625th of 786 in management of companies. In 2023, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,524,031
Participants with balances179
Active participants459
Employer contributions$624,270
Employee contributions$1,269,286
Employer contribution per active participant$1,360
Average account balance$36,447
Benefits paid to participants$348,239
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.5M · 179 accts · $624K emplr
2022$3.8M · 154 accts · $499K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,819
Investment management$15,502
Total administrative$40,321
The Cityvet Inc. 401(k) match · 2023
Employer contribution per active participant$1,360
Median for plans this size$1,308
2023$1,360 per active participant
2022$1,212 per active participant

Cityvet Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,819
LEGACY 401K PARTNERS LLC · Investment advisory (plan)$15,502

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

Administrative cost history2
2023$40,321 · 0.78%
2022$26,396 · 0.79%
Same employer
Similar plansManagement of Companies · Texas
Openroad Opco. LLC TX$8.0M · 0.56%
Paceco Investors LP TX$5.6M · 0.40%
Healthcare Media, LLC TX$4.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834128759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.