Plan Ledger DOL Form 5500 · updated monthly

Vargo Physical Therapy Inc401(k)

VARGO PHYSICAL THERAPY INC 401(K) PROFIT SHARING PLAN & TRUST · WESTLAKE VILLAGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Vargo Physical Therapy Inc reported $34,759 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,318 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 0.86% to 0.31%. 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 among the smaller plans on file in California (4,878th of 9,483), and the 5,030th of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 162 to 196 since 2022.

Plan summary
Net assets, end of year$12,471,767
Participants with balances141
Active participants196
Employer contributions$454,422
Employee contributions$472,224
Employer contribution per active participant$2,318
Average account balance$88,452
Benefits paid to participants$215,526
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE CARLIN AND VAN TRIGT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 141 accts · $454K emplr
2023$10.0M · 121 accts · $394K emplr
2022$7.8M · 147 accts · $393K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,742
Investment management$11,157
Trustee / custodial$860
Total administrative$34,759
The Vargo Physical Therapy Inc 401(k) match · 2024
Employer contribution per active participant$2,318
Median for plans this size$2,416
2024$2,318 per active participant
2023$2,163 per active participant
2022$2,427 per active participant

Vargo Physical Therapy 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
PAYCHEX, INC. · Recordkeeping$22,662
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$11,157

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

Recordkeeper by year2
2024Paychex
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left Vargo Physical Therapy Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,759 · 0.31%
2023$80,723 · 0.91%
2022$72,489 · 0.86%
Similar plansHealth Care & Social Assistance · California
Integral Senior Living, LLC CA$12.6M · 2.10%
MD Revolution, Inc. CA$12.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954783602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.