Plan Ledger DOL Form 5500 · updated monthly

Netbus, Inc.401(k)

VEYL VENTURES 401(K) PLAN · DOVER, DE · plan year 2022

Reported admin expense ratio · 2022
1.29%

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

Netbus, Inc. reported $6,255 in plan administrative expenses for 2022: 1.29% of average plan assets, above the peer median. Employer contributions averaged $1,474 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Delaware (232nd of 242), and 4,173rd of 4,246 in wholesale trade. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$704,627
Participants with balances55
Active participants123
Employer contributions$181,306
Employee contributions$345,353
Employer contribution per active participant$1,474
Average account balance$12,811
Benefits paid to participants$44,154
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,255
Total administrative$6,255
The Netbus, Inc. 401(k) match · 2022
Employer contribution per active participant$1,474
Median for plans this size$331

Netbus, Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 history1
2022$6,255 · 1.29%
Similar plansWholesale Trade · Delaware
Burris Logistics DE$101.1M · 0.13%
Keen Compressed Gas Company DE$19.2M · 0.26%
Hgr Industrial Surplus DE$4.0M · 0.77%
Starship Technologies Inc CA$730K · 0.18%
C & S Lease Service, L.C. TX$718K · 0.56%
Sts Group AL$707K · 0.87%
Starco Enterprises, Inc. CA$705K · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454636475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.