Plan Ledger DOL Form 5500 · updated monthly

Vendr Inc.401(k)

VENDR INC. 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Vendr Inc. reported $77,441 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,448 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 0.95% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,954th of 2,726), and 8,229th of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 301 to 110 since 2022.

Plan summary
Net assets, end of year$9,272,859
Participants with balances246
Active participants110
Employer contributions$819,301
Employee contributions$1,521,704
Employer contribution per active participant$7,448
Average account balance$37,695
Benefits paid to participants$2,390,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 246 accts · $819K emplr
2023$8.0M · 316 accts · $1.4M emplr
2022$4.0M · 324 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,183
Investment management$27,258
Total administrative$77,441
The Vendr Inc. 401(k) match · 2024
Employer contribution per active participant$7,448
Median for plans this size$1,313
2024$7,448 per active participant
2023$6,952 per active participant
2022$3,809 per active participant

Vendr 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 · 20243
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$20,364
MAYFLOWER FINANCIAL ADVISORS LLC · Investment advisory (plan)$6,894

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$77,441 · 0.90%
2023$57,436 · 0.96%
2022$25,523 · 0.95%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Labyrinth Solutions, Inc. MA$9.4M · 0.01%
Cogito Corporation, Inc. MA$9.4M · 0.18%
Geocomp, Inc. MA$9.1M · 0.01%
Embark Veterinary, Inc. MA$9.0M · 0.27%
Intepros Incorporated MA$9.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842132187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.