Plan Ledger DOL Form 5500 · updated monthly

Modea Holdings, Inc.401(k)

MODEA HOLDINGS, INC 401(K) PLAN · BLACKSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Modea Holdings, Inc. reported $7,070 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,795 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 0.12% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Virginia (1,338th of 2,266), and 1,378th of 2,199 in information & media. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 152 to 134 since 2022.

Plan summary
Net assets, end of year$12,047,883
Participants with balances156
Active participants134
Employer contributions$508,531
Employee contributions$1,053,270
Employer contribution per active participant$3,795
Average account balance$77,230
Benefits paid to participants$863,685
Plan auditUnmodified (clean) audit opinion
AuditorKEITER CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 156 accts · $509K emplr
2023$9.4M · 170 accts · $478K emplr
2022$6.7M · 163 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,070
Total administrative$7,070
The Modea Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,795
Median for plans this size$2,416
2024$3,795 per active participant
2023$3,441 per active participant
2022$2,968 per active participant

Modea Holdings, Inc.'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
THE VANGUARD GROUP, INC. · Recordkeeping$7,070

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$7,070 · 0.07%
2023$7,030 · 0.09%
2022$8,334 · 0.12%
Same employer
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Liscr, LLC VA$13.1M · 0.51%
Vpm Media Corporation VA$12.6M · 0.10%
Macedon Consulting, Inc. VA$12.1M · 0.37%
Q-Free America Inc. VA$10.1M · 0.64%
Merlin International, Inc. VA$10.1M · 0.27%
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Source: U.S. Department of Labor, Form 5500 series, EIN 204390111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.