Plan Ledger DOL Form 5500 · updated monthly

Devon Rex Vets PC401(k)

MY RETIREMENT 401(K) PLAN · ALLENDALE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Devon Rex Vets PC reported $10,171 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,438 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.

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 New Jersey (2,105th of 2,419), and 10,744th of 11,654 in professional & technical services. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,408,706
Participants with balances102
Active participants141
Employer contributions$202,736
Employee contributions$348,658
Employer contribution per active participant$1,438
Average account balance$23,615
Benefits paid to participants$111,848
Plan auditUnmodified (clean) audit opinion
AuditorREID CPA'S, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,895
Investment management$5,276
Total administrative$10,171
The Devon Rex Vets PC 401(k) match · 2024
Employer contribution per active participant$1,438
Median for plans this size$1,313

Devon Rex Vets PC's 2024 employer contribution ran above the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$4,894
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$5,276

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

Administrative cost history1
2024$10,171 · 0.42%
Similar plansProfessional & Technical Services · New Jersey
Smart Ims NJ$2.5M · 0.46%
IT America NJ$2.3M · 0.51%
Access Healthcare LLC NJ$2.2M · 1.12%
Harrington Construction NJ$2.0M · 0.00%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 824343821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.