Plan Ledger DOL Form 5500 · updated monthly

Redvector.com, LLC401(k)

VECTOR SOLUTIONS 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Redvector.com, LLC reported $167,671 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,422 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 0.62% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 568th-largest of 3,644 plans among Florida employers on file, and the 975th of 3,091 in educational services. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,313,991
Participants with balances793
Active participants639
Employer contributions$2,186,799
Employee contributions$5,342,468
Employer contribution per active participant$3,422
Average account balance$58,404
Benefits paid to participants$4,289,496
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 793 accts · $2.2M emplr
2023$37.9M · 802 accts · $2.2M emplr
2022$29.2M · 819 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,372
Investment management$79,299
Total administrative$167,671
The Redvector.com, LLC 401(k) match · 2024
Employer contribution per active participant$3,422
Median for plans this size$2,416
2024$3,422 per active participant
2023$3,304 per active participant
2022$3,195 per active participant

Redvector.com, LLC's 2024 employer contribution ran above 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$88,372

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$167,671 · 0.40%
2023$140,737 · 0.42%
2022$168,193 · 0.62%
Similar plansEducational Services · Florida
Viking Holding Company, LLC FL$47.8M · 0.52%
The Benjamin School FL$47.2M · 0.13%
Bethune-Cookman University FL$45.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800970516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.