Plan Ledger DOL Form 5500 · updated monthly

Varidesk, LLC401(k)

VARIDESK, LLC 401(K) PLAN · COPPELL, TX · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Varidesk, LLC reported $80,551 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,364 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 0.66% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,631st-largest of 5,688 plans among Texas employers on file, and 2,539th of 4,246 in wholesale trade. In 2024, employees put in $6.91 for every $1.00 the employer contributed; active participation has shrunk from 346 to 186 since 2022.

Plan summary
Net assets, end of year$13,285,261
Participants with balances325
Active participants186
Employer contributions$253,732
Employee contributions$1,753,600
Employer contribution per active participant$1,364
Average account balance$40,878
Benefits paid to participants$3,384,658
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 325 accts · $254K emplr
2023$12.8M · 376 accts · $326K emplr
2022$9.2M · 440 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,556
Investment management$19,995
Total administrative$80,551
The Varidesk, LLC 401(k) match · 2024
Employer contribution per active participant$1,364
Median for plans this size$2,416
2024$1,364 per active participant
2023$1,126 per active participant
2022$882 per active participant

Varidesk, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$60,556
CREATIVE PLANNING, LLC · Investment advisory (plan)$19,995
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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$80,551 · 0.62%
2023$69,190 · 0.63%
2022$62,691 · 0.66%
Same employer
Similar plansWholesale Trade · Texas
Reece Supply Company, Inc. TX$13.8M · 0.57%
Refinery Specialties Inc. TX$13.4M · 0.03%
Steve Silver Company TX$13.3M · 0.48%
Ecmm Services, Inc. TX$12.7M · 0.17%
Ala, LLC TX$12.6M · 0.40%
Biourja Holdings, LLC TX$12.5M · 0.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471148201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.