Plan Ledger DOL Form 5500 · updated monthly

Vein Clinics of America, Inc.401(k)

VEIN CLINICS OF AMERICA 401(K) PLAN · FOXBOROUGH, MA · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Vein Clinics of America, Inc. reported $14,842 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.07% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,455th of 2,726), and the 4,147th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$16,889,919
Participants with balances476
Active participants15
Employer contributions$0
Employee contributions$1,854,412
Employer contribution per active participant$0
Average account balance$35,483
Benefits paid to participants$6,139,169
Plan auditUnmodified (clean) audit opinion
AuditorSEE ATTACHED
Plan history2
Yearassets · accounts · employer contribution
2023$610K · 11 accts
2022$16.9M · 476 accts
The Vein Clinics of America, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Vein Clinics of America, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$14,623 · 0.17%
2022$14,842 · 0.07%
Similar plansHealth Care & Social Assistance · Massachusetts
Upstream USA, Inc. MA$17.5M · 0.44%
Dothouse Health MA$17.0M · 0.50%
Holyoke Health Center, Inc. MA$16.6M · 0.07%
Bridgewell, Incorporated MA$16.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363533164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.