Plan Ledger DOL Form 5500 · updated monthly

Vendor Direct Solutions, LLC401(k)

VENDOR DIRECT SOLUTIONS, LLC 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

Vendor Direct Solutions, LLC reported $5,090 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. 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 0.62% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,288th of 9,483), and 1,934th of 2,534 in administrative & support services. active participation has shrunk from 110 to 90 since 2022.

Plan summary
Net assets, end of year$2,040,100
Participants with balances102
Active participants90
Employer contributions—
Employee contributions$187,472
Employer contribution per active participant—
Average account balance$20,001
Benefits paid to participants$139,260
Plan auditUnmodified (clean) audit opinion
AuditorRICHARDSON KONTOGOURIS EMERSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 102 accts
2023$1.6M · 118 accts
2022$1.3M · 159 accts · $997 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,090
Total administrative$5,090
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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$5,090

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$5,090 · 0.28%
2023$7,645 · 0.51%
2022$11,355 · 0.62%
Same employer
Similar plansAdministrative & Support Services · California
Trysparrow.com, Inc. CA$2.1M · 1.21%
Executive Landscape, Inc. CA$2.1M · 0.82%
First Alarm CA$1.9M · 2.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205770051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.