Plan Ledger DOL Form 5500 · updated monthly

Pieper-Olson Vet Hospital, P.C.401(k)

PIEPER-OLSON VET HOSPITAL EMPLOYEES PLAN · MIDDLETOWN, CT · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Pieper-Olson Vet Hospital, P.C. reported $114,162 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,555 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 0.42% to 0.53%. 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 481st-largest of 1,106 plans among Connecticut employers on file, and the 4,686th of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 323 to 989 since 2022.

Plan summary
Net assets, end of year$25,525,354
Participants with balances698
Active participants989
Employer contributions$1,537,973
Employee contributions$3,110,863
Employer contribution per active participant$1,555
Average account balance$36,569
Benefits paid to participants$998,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 698 accts · $1.5M emplr
2023$17.7M · 423 accts · $136K emplr
2022$8.6M · 176 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,940
Investment management$9,222
Total administrative$114,162
The Pieper-Olson Vet Hospital, P.C. 401(k) match · 2024
Employer contribution per active participant$1,555
Median for plans this size$2,416
2024$1,555 per active participant
2023$182 per active participant
2022$291 per active participant

Pieper-Olson Vet Hospital, P.C.'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.

Service providers · 20244
ASCENSUS TRUST · Contract administrator · Loan processing$70,739
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,201
CREATIVE PLANNING, LLC · Investment advisory (plan)$9,222
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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$114,162 · 0.53%
2023$45,063 · 0.34%
2022$39,417 · 0.42%
Same employer
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Squadron Capital LLC CT$27.5M · 0.66%
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Logicsource, Inc. CT$27.0M · 0.34%
Blue Prism Software, Inc. CT$24.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061155979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.