Plan Ledger DOL Form 5500 · updated monthly

Vdv Management Company, LLC401(k)

VDV MANAGEMENT COMPANY 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Vdv Management Company, LLC reported $24,754 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $441 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 0.13% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (563rd of 807), and 3,622nd of 4,246 in wholesale trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 514 to 618 since 2022.

Plan summary
Net assets, end of year$5,090,235
Participants with balances175
Active participants618
Employer contributions$272,809
Employee contributions$472,852
Employer contribution per active participant$441
Average account balance$29,087
Benefits paid to participants$428,484
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGELBERG
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 175 accts · $273K emplr
2023$4.1M · 157 accts · $242K emplr
2022$3.2M · 155 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,016
Investment management$15,738
Total administrative$24,754
The Vdv Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$441
Median for plans this size$1,313
2024$441 per active participant
2023$459 per active participant
2022$488 per active participant

Vdv Management Company, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,266

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$24,754 · 0.54%
2023$12,852 · 0.35%
2022$4,726 · 0.13%
Same employer
Similar plansWholesale Trade · South Carolina
Better Brands, Inc. SC$7.9M · 0.66%
Engineered Systems, Inc. SC$7.7M · 0.25%
McEntire Produce, Inc. SC$7.7M · 0.64%
Taylor Enterprises Inc. SC$7.5M · 0.69%
Airpark Holdings, Inc. SC$4.9M · 0.99%
Vendors Supply, Inc. SC$4.8M · 1.40%
The Climatic Corporation SC$4.0M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472872073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.