Plan Ledger DOL Form 5500 · updated monthly

Vandevere, Inc.401(k)

VANDEVERE 401K PROFIT SHARING PLAN AND TRUST · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Vandevere, Inc. reported $57,918 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,920 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 0.31% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,127th-largest of 3,295 plans among Ohio employers on file, and the 1,210th of 5,215 in retail trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 293 to 358 since 2022.

Plan summary
Net assets, end of year$24,883,499
Participants with balances391
Active participants358
Employer contributions$687,494
Employee contributions$1,678,584
Employer contribution per active participant$1,920
Average account balance$63,641
Benefits paid to participants$1,225,963
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 391 accts · $687K emplr
2023$21.2M · 342 accts · $822K emplr
2022$19.3M · 330 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,418
Investment management$27,500
Total administrative$57,918
The Vandevere, Inc. 401(k) match · 2024
Employer contribution per active participant$1,920
Median for plans this size$2,416
2024$1,920 per active participant
2023$2,617 per active participant
2022$4,261 per active participant

Vandevere, Inc.'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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$30,418
VALMARK ADVISERS INC · Investment management$27,500

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$57,918 · 0.25%
2023$57,486 · 0.28%
2022$62,549 · 0.31%
Same employer
Similar plansRetail Trade · Ohio
True North Management, LLC OH$30.1M · 0.40%
McPc Holdings, Inc. OH$29.9M · 0.43%
Campbell Oil Company, Inc. OH$26.2M · 0.32%
Liberty Auto Group, LTD. OH$24.8M · 0.71%
Mars Electric Company OH$24.2M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 340676529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.