Plan Ledger DOL Form 5500 · updated monthly

V P Holdings, Inc.401(k)

V P HOLDINGS, INC. 401(K) PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

V P Holdings, Inc. reported $175,942 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $685 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 0.21% to 0.18%. 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 279th-largest of 3,644 plans among Florida employers on file, and the 1,265th of 11,654 in professional & technical services. In 2024, employees put in $8.85 for every $1.00 the employer contributed; active participation has grown from 946 to 1,256 since 2022.

Plan summary
Net assets, end of year$121,827,288
Participants with balances1,584
Active participants1,256
Employer contributions$860,396
Employee contributions$7,610,916
Employer contribution per active participant$685
Average account balance$76,911
Benefits paid to participants$17,698,192
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$121.8M · 1,584 accts · $860K emplr
2023$73.4M · 1,142 accts · $1.9M emplr
2022$60.2M · 1,134 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,365
Investment management$67,577
Total administrative$175,942
The V P Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$685
Median for plans this size$3,635
2024$685 per active participant
2023$2,028 per active participant
2022$1,928 per active participant

V P Holdings, Inc.'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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$52,331
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$67,577

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$175,942 · 0.18%
2023$168,996 · 0.25%
2022$131,845 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Florida
The Simplex Group, Inc. FL$141.4M · 0.75%
Mainline Information Systems FL$123.7M · 0.12%
HX5, LLC FL$112.9M · 0.46%
Banker Lopez Gassler P.A. FL$109.3M · 0.03%
Greenway Health, LLC FL$106.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592778273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.