Plan Ledger DOL Form 5500 · updated monthly

Van Zyverden, Inc.401(k)

VAN ZYVERDEN, INC. 401(K) RETIREMENT PLAN · MERIDIAN, MS · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Van Zyverden, Inc. reported $75,781 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,162 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 0.39% to 0.44%. 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 104th-largest of 367 plans among Mississippi employers on file, and the 2,033rd of 4,246 in wholesale trade. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 332 to 266 since 2022.

Plan summary
Net assets, end of year$18,429,187
Participants with balances121
Active participants266
Employer contributions$309,035
Employee contributions$539,792
Employer contribution per active participant$1,162
Average account balance$152,307
Benefits paid to participants$818,654
Plan auditUnmodified (clean) audit opinion
AuditorSWAIN, COLLINS & NAPP, PA
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 121 accts · $309K emplr
2023$16.0M · 126 accts · $310K emplr
2022$13.9M · 162 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,897
Investment management$43,884
Total administrative$75,781
The Van Zyverden, Inc. 401(k) match · 2024
Employer contribution per active participant$1,162
Median for plans this size$2,416
2024$1,162 per active participant
2023$818 per active participant
2022$948 per active participant

Van Zyverden, Inc.'s 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$5,515
DUNCAN WILLIAMS ASSET MANAGEMENT · Investment advisory (participants)$26,440
B. RILEY WEALTH ADVISORS, INC. · Investment advisory (participants)$17,444

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$75,781 · 0.44%
2023$67,298 · 0.45%
2022$60,924 · 0.39%
Same employer
Similar plansWholesale Trade · Mississippi
Wade, Incorporated MS$29.8M · 0.23%
Mitchell Companies, LLC MS$26.6M · 0.05%
Ergon Asphalt Partners, LP MS$25.1M · 0.31%
Waring Oil Company, LLC MS$16.7M · 0.49%
Krone NA Inc MS$16.6M · 0.20%
Hotel & Restaurant Supply MS$12.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221603775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.