Plan Ledger DOL Form 5500 · updated monthly

Venesco, LLC401(k)

VENESCO, LLC 401(K) PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Venesco, LLC reported $2,785 in plan administrative expenses for 2024: 0.05% 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 2 years on file its reported administrative ratio fell from 0.39% to 0.05%. 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 Virginia (1,722nd of 2,266), and 9,288th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$6,263,090
Participants with balances441
Active participants183
Employer contributions$0
Employee contributions$1,063,903
Employer contribution per active participant$0
Average account balance$14,202
Benefits paid to participants$1,531,950
Plan auditUnmodified (clean) audit opinion
AuditorRAVIB CPA & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 441 accts
2023$5.9M · 406 accts · $238K emplr
2022$4.3M · 365 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,785
Total administrative$2,785
The Venesco, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$735 per active participant
2022$1,546 per active participant

Venesco, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,785 · 0.05%
2023$6,183 · 0.12%
2022$15,852 · 0.39%
Same employer
Similar plansProfessional & Technical Services · Virginia
Iron Arch Technology, LLC VA$6.2M · 0.78%
Shorepoint, Inc. VA$6.2M · 0.12%
Foxguard Solutions VA$6.1M · 0.01%
Tradecentric, LLC VA$6.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830357418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.