Plan Ledger DOL Form 5500 · updated monthly

Oakland Veterinary Referral Services401(k)

OAKLAND VETERINARY REFERRAL SERVICES 401(K) PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Oakland Veterinary Referral Services reported $44,994 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. 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 among the smaller plans on file in Michigan (1,398th of 2,619), and 7,347th of 11,654 in professional & technical services. active participation has grown from 181 to 204 since 2022.

Plan summary
Net assets, end of year$12,160,003
Participants with balances303
Active participants204
Employer contributions$0
Employee contributions$971,960
Employer contribution per active participant$0
Average account balance$40,132
Benefits paid to participants$958,771
Plan auditUnmodified (clean) audit opinion
AuditorSHINDEL, ROCK & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 303 accts
2023$10.8M · 282 accts · $921 emplr
2022$9.0M · 255 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,832
Investment management$38,162
Total administrative$44,994
The Oakland Veterinary Referral Services 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Oakland Veterinary Referral Services's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RAYMOND JAMES · Investment advisory (plan)$38,162
THE W.L. BURMEISTER COMPANY · Contract administrator$5,132
CAPITAL GROUP RETIREMENT PLAN SERV$1,700

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$44,994 · 0.39%
2023$39,205 · 0.39%
2022$36,632 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Michigan
Applus MI$12.5M · 0.30%
Accurate Technologies Inc. MI$12.3M · 0.24%
Cco Communications, Inc. MI$12.3M · 0.50%
Attendance on Demand, Inc. MI$12.0M · 0.68%
Hook Studios LLC MI$12.0M · 0.12%
Rgbsi, Inc. MI$11.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383102727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.