Plan Ledger DOL Form 5500 · updated monthly

Dechra Veterinary Products, LLC401(k)

DECHRA VETERINARY PRODUCTS 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Dechra Veterinary Products, LLC reported $130,626 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $7,918 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 3 years on file its reported administrative ratio has held roughly steady near 0.211%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 99th-largest of 828 plans among Kansas employers on file, and the 590th of 4,246 in wholesale trade. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has grown from 497 to 561 since 2022.

Plan summary
Net assets, end of year$70,298,080
Participants with balances631
Active participants561
Employer contributions$4,442,143
Employee contributions$5,327,992
Employer contribution per active participant$7,918
Average account balance$111,407
Benefits paid to participants$2,530,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.3M · 631 accts · $4.4M emplr
2023$53.5M · 581 accts · $4.0M emplr
2022$36.8M · 537 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,601
Investment management$32,526
Audit (IQPA)$25,499
Total administrative$130,626
The Dechra Veterinary Products, LLC 401(k) match · 2024
Employer contribution per active participant$7,918
Median for plans this size$3,635
2024$7,918 per active participant
2023$7,473 per active participant
2022$5,683 per active participant

Dechra Veterinary Products, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$72,601
FIFTH THIRD BANK · Investment advisory (plan)$32,526
BERRYDUNN · Accounting / audit$25,499

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$130,626 · 0.21%
2023$70,614 · 0.16%
2022$79,777 · 0.21%
Same employer
Similar plansWholesale Trade · Kansas
Murphy-Hoffman Company KS$405.1M · 0.09%
Heritage Tractor, Inc. KS$61.4M · 0.29%
Ibt, Inc. KS$44.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202624279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.