Plan Ledger DOL Form 5500 · updated monthly

Community Veterinary Partners401(k)

COMMUNITY VETERINARY PARTNERS 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Community Veterinary Partners reported $202,335 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $999 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 fell from 0.46% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 490th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,585th of 11,654 in professional & technical services. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has grown from 2,655 to 2,966 since 2022.

Plan summary
Net assets, end of year$95,621,013
Participants with balances1,996
Active participants2,966
Employer contributions$2,962,638
Employee contributions$10,921,366
Employer contribution per active participant$999
Average account balance$47,906
Benefits paid to participants$6,549,547
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.6M · 1,996 accts · $3.0M emplr
2023$73.5M · 2,174 accts · $3.0M emplr
2022$49.9M · 2,092 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,893
Investment management$81,442
Total administrative$202,335
The Community Veterinary Partners 401(k) match · 2024
Employer contribution per active participant$999
Median for plans this size$3,635
2024$999 per active participant
2023$1,083 per active participant
2022$865 per active participant

Community Veterinary Partners's 2024 employer contribution ran below the $3,635 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.

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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,893
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$80,000

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$202,335 · 0.24%
2023$339,434 · 0.55%
2022$226,137 · 0.46%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Urban Engineers, Inc. PA$107.4M · 0.11%
McNees Wallace & Nurick LLC PA$105.5M · 0.10%
Conrad M. Siegel, Inc. PA$103.2M · 0.01%
Accolade, Inc. PA$103.2M · 0.04%
Fullsight, LLC PA$94.8M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271126809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.