Plan Ledger DOL Form 5500 · updated monthly

Gsv Holding, LLC401(k)

VERITAS VETERINARY PARTNERS RETIREMENT PLAN · TINTON FALLS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Gsv Holding, LLC reported $206,178 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,779 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 1 year on file its reported administrative ratio rose from 0.50% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 606th-largest of 2,419 plans among New Jersey employers on file, and the 2,985th of 11,654 in professional & technical services. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,187,025
Participants with balances619
Active participants676
Employer contributions$1,878,447
Employee contributions$3,919,233
Employer contribution per active participant$2,779
Average account balance$73,000
Benefits paid to participants$1,488,612
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$45.2M · 619 accts · $1.9M emplr
2023$30.8M · 590 accts · $741K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$206,178
Total administrative$206,178
The Gsv Holding, LLC 401(k) match · 2024
Employer contribution per active participant$2,779
Median for plans this size$2,416
2024$2,779 per active participant
2023$996 per active participant

Gsv Holding, LLC's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,596

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

Administrative cost history2
2024$206,178 · 0.54%
2023$120,078 · 0.50%
Similar plansProfessional & Technical Services · New Jersey
Rcg Global Services, Inc. NJ$46.3M · 0.25%
Peckar & Abramson, PC NJ$46.2M · 0.33%
Princeton Consultants, Inc. NJ$45.2M · 0.15%
Holt Logistics Corp. NJ$44.8M · 0.23%
Parker McCay P.A. NJ$44.7M · 0.25%
Ilsl Holding Inc. USA NJ$44.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862583080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.