Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Veterinary Medical Group, Inc.401(k)

METROPOLITAN VETERINARY HOSPITAL 401(K) PLAN · COPLEY, OH · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Metropolitan Veterinary Medical Group, Inc. reported $11,067 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (3,098th of 3,295), and 11,099th of 11,654 in professional & technical services. In 2022, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,411,053
Participants with balances115
Active participants259
Employer contributions$593
Employee contributions$1,771
Employer contribution per active participant$2
Average account balance$12,270
Benefits paid to participants$1,508,013
Plan auditUnmodified (clean) audit opinion
AuditorPEASE BELL CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$1.4M · 115 accts · $593 emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,067
Total administrative$11,067
The Metropolitan Veterinary Medical Group, Inc. 401(k) match · 2022
Employer contribution per active participant$2
Median for plans this size$1,114

Metropolitan Veterinary Medical Group, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$11,067 · 0.45%
Similar plansProfessional & Technical Services · Ohio
Yardmaster, Inc. OH$1.8M · 1.05%
Agility Partners, LLC OH$1.6M · 0.58%
United Software Group Inc OH$1.4M · 0.56%
Circulo Inc OH$1.3M · 0.19%
U.S.Tank Alliance, Inc. OH$1.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341018234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.