Plan Ledger DOL Form 5500 · updated monthly

Veltri, Inc.401(k)

VELTRI, INC. 401(K) SAVINGS PLAN · LEVITTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Veltri, Inc. reported $54,760 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $4,204 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 0.33% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Pennsylvania (2,332nd of 3,651), and the 1,187th of 2,677 in transportation & warehousing. In 2024, the employer put in $2.09 for every $1.00 employees contributed themselves; active participation has shrunk from 235 to 170 since 2022.

Plan summary
Net assets, end of year$9,577,847
Participants with balances399
Active participants170
Employer contributions$714,635
Employee contributions$341,455
Employer contribution per active participant$4,204
Average account balance$24,005
Benefits paid to participants$1,859,528
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 399 accts · $715K emplr
2023$9.2M · 396 accts · $754K emplr
2022$8.3M · 445 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,760
Total administrative$54,760
The Veltri, Inc. 401(k) match · 2024
Employer contribution per active participant$4,204
Median for plans this size$1,313
2024$4,204 per active participant
2023$3,078 per active participant
2022$3,109 per active participant

Veltri, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping$28,357
ASCENSUS LLC · Recordkeeping$60
WEALTH ADVISORY GROUP,INC · Investment advisory (participants) · Investment advisory (plan)$30,656
ATLANTIC PENSION SERVICES, INC. · Plan administrator$15,542

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

Recordkeeper by year2
2024Ascensus, Vanguard
2023Ascensus, Vanguard

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

Administrative cost history3
2024$54,760 · 0.58%
2023$37,698 · 0.43%
2022$28,901 · 0.33%
Similar plansTransportation & Warehousing · Pennsylvania
Watsontown Trucking Company PA$11.0M · 0.20%
Aaa Mid States PA$10.1M · 0.03%
Bowser-Regal, Inc. PA$9.9M · 0.06%
Franklin Logistics Inc. PA$9.7M · 0.43%
W.L. Roenigk Inc. PA$9.5M · 0.72%
Chemlogix,Llc PA$9.5M · 0.04%
Key Lakes, Inc. PA$9.2M · 0.14%
Buco Transportation, Inc. PA$9.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251493003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.