Plan Ledger DOL Form 5500 · updated monthly

Venture Forthe, Inc.401(k)

VENTURE FORTHE, INC. 401(K) PLAN · NIAGARA FALLS, NY · plan year 2023

Reported admin expense ratio · 2023
0.88%

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

Venture Forthe, Inc. reported $41,071 in plan administrative expenses for 2023: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $281 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 0.83% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,450th of 5,648), and 1,427th of 2,534 in administrative & support services. In 2023, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,118,300
Participants with balances170
Active participants682
Employer contributions$191,694
Employee contributions$395,928
Employer contribution per active participant$281
Average account balance$30,108
Benefits paid to participants$292,004
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW &KERSHNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 185 accts · $221K emplr
2023$5.1M · 170 accts · $192K emplr
2022$4.2M · 153 accts · $180K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,814
Investment management$21,257
Total administrative$41,071
The Venture Forthe, Inc. 401(k) match · 2023
Employer contribution per active participant$281
Median for plans this size$1,308
2024$305 per active participant
2023$281 per active participant
2022$270 per active participant

Venture Forthe, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
P&A RETIREMENT PLAN SERVICES INC · Contract administrator · Recordkeeping$18,868
LANDMARK WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$21,256

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

Recordkeeper by year2
2024P&A RETIREMENT PLAN SERVICES INC
2023P&A RETIREMENT PLAN SERVICES INC

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

Administrative cost history3
2024$51,040 · 1.02%
2023$41,071 · 0.88%
2022$37,989 · 0.83%
Similar plansAdministrative & Support Services · New York
W Services Group, LLC NY$5.4M · 0.98%
Kopp Billing Agency, Inc. NY$5.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161538504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.