Plan Ledger DOL Form 5500 · updated monthly

Vance, LLC401(k)

VANCE, LLC 401(K) PLAN · TUSCON, AZ · plan year 2024

Reported admin expense ratio · 2024
2.39%

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

Vance, LLC reported $9,208 in plan administrative expenses for 2024: 2.39% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,604 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 1 year on file its reported administrative ratio rose from 0.15% to 2.39%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,193rd of 1,285), and 11,375th of 11,654 in professional & technical services. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$657,686
Participants with balances184
Active participants172
Employer contributions$275,902
Employee contributions$324,397
Employer contribution per active participant$1,604
Average account balance$3,574
Benefits paid to participants$97,673
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$658K · 184 accts · $276K emplr
2023$111K · 155 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,986
Investment management$2,756
Trustee / custodial$466
Total administrative$9,208
The Vance, LLC 401(k) match · 2024
Employer contribution per active participant$1,604
Median for plans this size$540

Vance, LLC's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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 · 20241
LEADING RETIREMENT SOLUTIONS · Recordkeeping$5,986

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

Administrative cost history2
2024$9,208 · 2.39%
2023$168 · 0.15%
Similar plansProfessional & Technical Services · Arizona
Francisco Grande USA Inc. AZ$933K · 0.15%
Pro-Qual Industries, LLC AZ$887K · 1.38%
Landscape Broker, LLC AZ$856K · 0.77%
Omniengine LLC AZ$805K · 1.92%
Be Ok Resources LLC AZ$631K · 1.55%
Epic Consulting Inc. AZ$602K · 2.08%
Pitchfork Partners, LLC AZ$576K · 2.52%
Urban Communities LLC AZ$286K · 3.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832841150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.