Plan Ledger DOL Form 5500 · updated monthly

Vanguard Medical Group, PA401(k)

VANGUARD MEDICAL GROUP, PA 401(K) PROFIT SHARING PLAN · VERONA, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Vanguard Medical Group, PA reported $7,451 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,458 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 0.02% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,200th-largest of 2,419 plans among New Jersey employers on file, and the 4,326th of 11,911 in health care & social assistance. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 183 to 216 since 2022.

Plan summary
Net assets, end of year$15,889,277
Participants with balances183
Active participants216
Employer contributions$530,851
Employee contributions$1,147,207
Employer contribution per active participant$2,458
Average account balance$86,827
Benefits paid to participants$1,220,410
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 183 accts · $531K emplr
2023$13.5M · 175 accts · $494K emplr
2022$9.7M · 175 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,499
Total administrative$7,451
The Vanguard Medical Group, PA 401(k) match · 2024
Employer contribution per active participant$2,458
Median for plans this size$2,416
2024$2,458 per active participant
2023$2,285 per active participant
2022$2,100 per active participant

Vanguard Medical Group, PA's 2024 employer contribution ran above 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,499

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$7,451 · 0.05%
2023$6,275 · 0.05%
2022$2,355 · 0.02%
Similar plansHealth Care & Social Assistance · New Jersey
Zufall Health Center NJ$16.0M · 0.30%
Fellowshiplife, Inc. NJ$15.9M · 0.68%
Bright Harbor Healthcare NJ$15.6M · 0.19%
Sun Behavioral Health, Inc. NJ$15.4M · 0.77%
Acute Care Health System NJ$15.2M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222592636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.