Plan Ledger DOL Form 5500 · updated monthly

Element Vehicle Management Services Group, LLC401(k)

ELEMENT VEHICLE MANAGEMENT SERVICES GROUP, LLC 401(K) PLAN · SPARKS, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Element Vehicle Management Services Group, LLC reported $118,185 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,354 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 0.079%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 111th-largest of 1,671 plans among Maryland employers on file, and the 176th of 2,677 in transportation & warehousing. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 1,016 to 1,492 since 2022.

Plan summary
Net assets, end of year$156,943,100
Participants with balances1,410
Active participants1,492
Employer contributions$3,512,541
Employee contributions$9,050,339
Employer contribution per active participant$2,354
Average account balance$111,307
Benefits paid to participants$18,376,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$156.9M · 1,410 accts · $3.5M emplr
2023$143.9M · 1,350 accts · $3.4M emplr
2022$122.3M · 1,249 accts · $3.3M emplr
The Element Vehicle Management Services Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,354
Median for plans this size$3,635
2024$2,354 per active participant
2023$3,053 per active participant
2022$3,274 per active participant

Element Vehicle Management Services Group, LLC'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$121,585

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$118,185 · 0.08%
2023$109,902 · 0.08%
2022$100,420 · 0.08%
Same employer
Similar plansTransportation & Warehousing · Maryland
Piedmont Airlines, Inc. MD$225.5M · 0.19%
The Vane Brothers Company MD$109.2M · 0.06%
Peak Technologies, Inc. MD$93.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352441330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.