Plan Ledger DOL Form 5500 · updated monthly

Hanbury Evans Wright Vlattas + Company401(k)

HANBURY EVANS WRIGHT VLATTAS + COMPANY PROFIT SHARING PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Hanbury Evans Wright Vlattas + Company reported $91,270 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,982 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 0.42% to 0.36%. 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 784th-largest of 2,266 plans among Virginia employers on file, and the 4,408th of 11,654 in professional & technical services. In 2024, employees put in $6.30 for every $1.00 the employer contributed; active participation has grown from 131 to 154 since 2022.

Plan summary
Net assets, end of year$27,709,179
Participants with balances179
Active participants154
Employer contributions$305,164
Employee contributions$1,923,901
Employer contribution per active participant$1,982
Average account balance$154,800
Benefits paid to participants$2,604,676
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 179 accts · $305K emplr
2023$23.6M · 176 accts · $255K emplr
2022$17.5M · 150 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,270
Total administrative$91,270
The Hanbury Evans Wright Vlattas + Company 401(k) match · 2024
Employer contribution per active participant$1,982
Median for plans this size$2,416
2024$1,982 per active participant
2023$1,645 per active participant
2022$1,531 per active participant

Hanbury Evans Wright Vlattas + Company's 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$91,270
RESOURCE 1, INC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$91,270 · 0.36%
2023$80,199 · 0.39%
2022$70,636 · 0.42%
All plans at this employer2
HANBURY EVANS WRIGHT VLATTAS + COMPANY PROFIT SHARING PLAN401(k)
HANBURY EVANS WRIGHT VLATTAS + COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Virginia
Cape Fox Shared Services VA$28.1M · 0.51%
Logos Technologies LLC VA$28.1M · 0.00%
Thompson & Litton, Inc. VA$27.7M · 0.18%
Patricio Enterprises, Inc. VA$27.6M · 0.06%
Cofense Inc. VA$27.6M · 0.19%
Vae, Inc. VA$27.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541099578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.