Plan Ledger DOL Form 5500 · updated monthly

Mount Laurel Veterinary Services401(k)

MOUNT LAUREL VETERINARY SERVICES 401(K) PLAN · MT LAUREL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Mount Laurel Veterinary Services reported $44,914 in plan administrative expenses for 2024: 0.32% of average plan assets, above 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 2 years on file its reported administrative ratio rose from 0.29% to 0.32%. 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 1,204th-largest of 2,419 plans among New Jersey employers on file, and 6,385th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,836,367
Participants with balances452
Active participants356
Employer contributions$837,937
Employee contributions$1,527,092
Employer contribution per active participant$2,354
Average account balance$35,036
Benefits paid to participants$979,850
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 452 accts · $838K emplr
2023$12.2M · 406 accts · $767K emplr
2022$9.1M · 396 accts · $666K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,418
Investment management$36,496
Total administrative$44,914
The Mount Laurel Veterinary Services 401(k) match · 2024
Employer contribution per active participant$2,354
Median for plans this size$2,416
2024$2,354 per active participant
2023$2,255 per active participant
2022$1,970 per active participant

Mount Laurel Veterinary Services'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.

Administrative cost history3
2024$44,914 · 0.32%
2023$34,777 · 0.33%
2022$26,696 · 0.29%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Itc Infotech USA, Inc. NJ$16.7M · 0.05%
Msg Global Solutions, Inc. NJ$15.9M · 0.47%
What If Media Group, LLC NJ$15.7M · 0.67%
Edmunds Govtech, Inc NJ$15.5M · 0.40%
Compas, Inc. NJ$15.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463673450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.