Plan Ledger DOL Form 5500 · updated monthly

Vardiman Black Holdings, LLC dba Specialty Dental Brands401(k)

SPECIALTY DENTAL BRANDS 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Vardiman Black Holdings, LLC dba Specialty Dental Brands reported $506,979 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,130 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 1.19% to 0.83%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 223rd-largest of 1,496 plans among Tennessee employers on file, and the 1,428th of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 1,964 to 2,467 since 2022.

Plan summary
Net assets, end of year$71,062,215
Participants with balances2,686
Active participants2,467
Employer contributions$5,255,430
Employee contributions$9,302,697
Employer contribution per active participant$2,130
Average account balance$26,457
Benefits paid to participants$3,727,013
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$71.1M · 2,686 accts · $5.3M emplr
2023$51.2M · 2,699 accts · $4.9M emplr
2022$14.5M · 2,011 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$506,979
Total administrative$506,979
The Vardiman Black Holdings, LLC dba Specialty Dental Brands 401(k) match · 2024
Employer contribution per active participant$2,130
Median for plans this size$3,635
2024$2,130 per active participant
2023$1,939 per active participant
2022$1,301 per active participant

Vardiman Black Holdings, LLC dba Specialty Dental Brands's 2024 employer contribution ran below the $3,635 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 · 20243
RAYMOND JAMES · Investment advisory (plan)$208,651
ASCENSUS HOLDINGS · Contract administrator$68,589

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$506,979 · 0.83%
2023$340,525 · 1.04%
2022$115,874 · 1.19%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Newstat, PLLC TN$81.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814851714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.