Plan Ledger DOL Form 5500 · updated monthly

Vecellio Group, Inc.401(k)

VECELLIO GROUP, INC. RETIREMENT SAVINGS PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Vecellio Group, Inc. reported $151,221 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,904 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 0.23% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 337th-largest of 3,644 plans among Florida employers on file, and the 647th of 5,337 in construction. In 2024, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$93,879,654
Participants with balances1,402
Active participants1,171
Employer contributions$2,229,903
Employee contributions$6,480,463
Employer contribution per active participant$1,904
Average account balance$66,961
Benefits paid to participants$10,661,699
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$93.9M · 1,402 accts · $2.2M emplr
2023$84.3M · 1,390 accts · $2.1M emplr
2022$74.9M · 1,366 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,627
Investment management$14,594
Total administrative$151,221
The Vecellio Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,904
Median for plans this size$3,635
2024$1,904 per active participant
2023$1,803 per active participant
2022$1,656 per active participant

Vecellio Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$14,594

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$151,221 · 0.17%
2023$197,110 · 0.25%
2022$191,943 · 0.23%
Similar plansConstruction · Florida
B & I Contractors, Inc. FL$101.7M · 0.18%
Wharton-Smith, Inc. FL$82.2M · 0.33%
Power Design, Inc. FL$79.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223884861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.