Plan Ledger DOL Form 5500 · updated monthly

Penn Veterinary Supply401(k)

PENN VETERINARY 401K PLAN · LANCASTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Penn Veterinary Supply reported $2,740 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $341 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 0.76% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,268th of 3,651), and 2,884th of 4,246 in wholesale trade. In 2024, employees put in $11.23 for every $1.00 the employer contributed; active participation has grown from 123 to 192 since 2022.

Plan summary
Net assets, end of year$10,220,539
Participants with balances200
Active participants192
Employer contributions$65,436
Employee contributions$734,999
Employer contribution per active participant$341
Average account balance$51,103
Benefits paid to participants$233,167
Plan auditUnmodified (clean) audit opinion
AuditorTROUT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 200 accts · $65K emplr
2023$8.3M · 165 accts
2022$6.9M · 134 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,740
Total administrative$2,740
The Penn Veterinary Supply 401(k) match · 2024
Employer contribution per active participant$341
Median for plans this size$1,313

Penn Veterinary Supply's 2024 employer contribution ran below the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$2,740
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP, LPL Financial

This plan has changed recordkeepers within these filings. If you left Penn Veterinary Supply before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,740 · 0.03%
2023$24,874 · 0.33%
2022$57,515 · 0.76%
Same employer
Similar plansWholesale Trade · Pennsylvania
Wallace Supply, LLC PA$10.2M · 0.53%
Deerfield Agency LLC PA$10.2M · 0.50%
Toyotalift Northeast, LLC PA$10.2M · 0.23%
Gerard Daniel Worldwide PA$10.2M · 0.48%
Agriteer LLC PA$9.9M · 0.05%
Tura, Inc. PA$9.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232183126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.