Plan Ledger DOL Form 5500 · updated monthly

The Vane Brothers Company401(k)

THE VANE BROTHERS COMPANY RETIREMENT SAVINGS PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

The Vane Brothers Company reported $60,231 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,056 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 0.01% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 158th-largest of 1,671 plans among Maryland employers on file, and the 225th of 2,677 in transportation & warehousing. In 2024, employees put in $8.52 for every $1.00 the employer contributed; active participation has grown from 737 to 867 since 2022.

Plan summary
Net assets, end of year$109,230,958
Participants with balances951
Active participants867
Employer contributions$915,495
Employee contributions$7,799,742
Employer contribution per active participant$1,056
Average account balance$114,859
Benefits paid to participants$7,768,205
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$109.2M · 951 accts · $915K emplr
2023$94.6M · 860 accts · $822K emplr
2022$75.7M · 872 accts · $740K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,234
Investment management$24,997
Total administrative$60,231
The The Vane Brothers Company 401(k) match · 2024
Employer contribution per active participant$1,056
Median for plans this size$3,635
2024$1,056 per active participant
2023$1,053 per active participant
2022$1,004 per active participant

The Vane Brothers Company'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,234
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$24,997

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$60,231 · 0.06%
2023Not separately reported
2022$9,494 · 0.01%
Same employer
Similar plansTransportation & Warehousing · Maryland
Piedmont Airlines, Inc. MD$225.5M · 0.19%
Peak Technologies, Inc. MD$93.3M · 0.09%
Cowan Systems, LLC MD$37.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520741637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.