Plan Ledger DOL Form 5500 · updated monthly

Vectorworks, Inc.401(k)

VECTORWORKS, INC. 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Vectorworks, Inc. reported $107,917 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,660 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 0.00% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 345th-largest of 1,671 plans among Maryland employers on file, and the 546th of 2,199 in information & media. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,685,099
Participants with balances293
Active participants225
Employer contributions$823,461
Employee contributions$2,387,462
Employer contribution per active participant$3,660
Average account balance$159,335
Benefits paid to participants$1,390,609
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.7M · 293 accts · $823K emplr
2023$38.5M · 295 accts · $808K emplr
2022$32.3M · 301 accts · $751K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,765
Investment management$54,652
Audit (IQPA)$18,500
Total administrative$107,917
The Vectorworks, Inc. 401(k) match · 2024
Employer contribution per active participant$3,660
Median for plans this size$2,416
2024$3,660 per active participant
2023$3,775 per active participant
2022$3,399 per active participant

Vectorworks, Inc.'s 2024 employer contribution ran above 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
GREENSPRING ADVISORS, LLC · Recordkeeping · Trustee$54,652
ADP, INC. · Loan processing · Recordkeeping$34,765
ELLIN & TUCKER · Recordkeeping · Pension consulting$18,500

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

Recordkeeper by year2
2024ADP, ELLIN & TUCKER, GREENSPRING ADVISORS, LLC
2023ADP, GREENSPRING ADVISORS, LLC

This plan has changed recordkeepers within these filings. If you left Vectorworks, 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$107,917 · 0.25%
2023$57,350 · 0.16%
2022$1,220 · 0.00%
Similar plansInformation & Media · Maryland
Prometric LLC MD$81.5M · 0.21%
Marketwise Solutions LLC MD$76.7M · 0.09%
Recorded Books, Inc. MD$30.9M · 0.31%
Datalab USA, LLC MD$30.7M · 0.06%
Iq Solutions, Inc. MD$27.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521407016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.