Plan Ledger DOL Form 5500 · updated monthly

Petvet Care Centers Management, LLC401(k)

PETVET CARE CENTERS MANAGEMENT, LLC RETIREMENT SAVINGS PLAN · WESTPORT, CT · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Petvet Care Centers Management, LLC reported $415,175 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $124 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 0.61% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 131st-largest of 1,106 plans among Connecticut employers on file, and the 1,018th of 11,654 in professional & technical services. In 2024, employees put in $17.65 for every $1.00 the employer contributed; active participation has shrunk from 12,807 to 9,731 since 2022.

Plan summary
Net assets, end of year$153,938,421
Participants with balances3,761
Active participants9,731
Employer contributions$1,210,377
Employee contributions$21,368,559
Employer contribution per active participant$124
Average account balance$40,930
Benefits paid to participants$13,665,673
Plan auditUnmodified (clean) audit opinion
AuditorPENSION ASSURANCE
Plan history3
Yearassets · accounts · employer contribution
2024$153.9M · 3,761 accts · $1.2M emplr
2023$129.3M · 3,685 accts · $1.1M emplr
2022$101.0M · 3,718 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$350,179
Investment management$64,996
Total administrative$415,175
The Petvet Care Centers Management, LLC 401(k) match · 2024
Employer contribution per active participant$124
Median for plans this size$3,635
2024$124 per active participant
2023$83 per active participant
2022$88 per active participant

Petvet Care Centers Management, LLC's 2024 employer contribution ran below the $3,635 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
BRIGHTWORXX LLC · Contract administrator$143,834
OLD SLIP REGISTERED INVESTMENT ADVI · Investment advisory (plan)$64,996

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$415,175 · 0.29%
2023$719,041 · 0.62%
2022$639,190 · 0.61%
Same employer
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Perkinelmer US, LLC CT$173.5M · 0.11%
Insurity, LLC. CT$158.1M · 0.14%
Acuren Inspection, Inc. CT$148.7M · 0.21%
Sonalysts, Inc CT$145.7M · 0.02%
Wiggin & Dana LLP CT$130.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454459242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.