Plan Ledger DOL Form 5500 · updated monthly

Value Added Distributors401(k)

VALUE ADDED DISTRIBUTORS 401(K) PROFIT SHARING PLAN · MIDLOTHIAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Value Added Distributors reported $85,531 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,885 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 0.36% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 867th-largest of 2,266 plans among Virginia employers on file, and the 1,616th of 4,246 in wholesale trade. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,345,914
Participants with balances271
Active participants236
Employer contributions$444,805
Employee contributions$1,372,157
Employer contribution per active participant$1,885
Average account balance$89,837
Benefits paid to participants$778,966
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 271 accts · $445K emplr
2023$19.8M · 259 accts · $387K emplr
2022$18.0M · 242 accts · $445K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,618
Investment management$66,913
Total administrative$85,531
The Value Added Distributors 401(k) match · 2024
Employer contribution per active participant$1,885
Median for plans this size$2,416
2024$1,885 per active participant
2023$1,722 per active participant
2022$2,022 per active participant

Value Added Distributors'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 · 20242
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$66,913
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$18,618

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$85,531 · 0.39%
2023$73,608 · 0.39%
2022$71,533 · 0.36%
Same employer
Similar plansWholesale Trade · Virginia
C & F Enterprises, Inc. VA$30.0M · 0.34%
Vamac, Incorporated VA$26.1M · 0.17%
Arco Innovations, Inc VA$25.6M · 0.46%
Korber Technologies, Inc VA$24.0M · 0.31%
Shelor Motor Mile, Inc. VA$22.3M · 0.58%
N.B. Handy Company, Inc. VA$22.3M · 0.30%
Afp Industries, Inc. VA$17.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464439414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.