Plan Ledger DOL Form 5500 · updated monthly

Vera Bradley Designs, Inc.401(k)

VERA BRADLEY DESIGNS, INC. PROFIT SHARING 401(K) PLAN · ROANOKE, IN · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Vera Bradley Designs, Inc. reported $233,460 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,181 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 0.30% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 190th-largest of 1,562 plans among Indiana employers on file, and the 2,305th of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 935 to 792 since 2022.

Plan summary
Net assets, end of year$76,565,020
Participants with balances1,043
Active participants792
Employer contributions$1,727,598
Employee contributions$3,702,359
Employer contribution per active participant$2,181
Average account balance$73,408
Benefits paid to participants$8,287,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.6M · 1,043 accts · $1.7M emplr
2023$69.9M · 1,070 accts · $1.8M emplr
2022$59.5M · 1,033 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,844
Investment management$119,686
Audit (IQPA)$10,208
Trustee / custodial$16,722
Total administrative$233,460
The Vera Bradley Designs, Inc. 401(k) match · 2024
Employer contribution per active participant$2,181
Median for plans this size$3,635
2024$2,181 per active participant
2023$1,945 per active participant
2022$2,028 per active participant

Vera Bradley Designs, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20245
NYHART · Recordkeeping · Loan processing$89,023
PROMANAGE, LLC · Investment advisory (participants)$69,939
TMI TRUST COMPANY · Investment advisory (participants)$50,000
MATRIX TRUST COMPANY · Custodial (securities) · Trustee$17,344
FORVIS · Accounting / audit$10,208

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

Recordkeeper by year2
2024NYHART
2023NYHART

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

Administrative cost history3
2024$233,460 · 0.32%
2023$205,007 · 0.32%
2022$201,778 · 0.30%
Same employer
Similar plansManufacturing · Indiana
Accuride Corporation IN$77.9M · 0.17%
Draper, Inc. IN$77.5M · 0.09%
Best Chairs, Inc. IN$76.9M · 0.17%
Immi Holdings, Inc IN$76.1M · 0.18%
Wb Frozen US, LLC IN$72.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351556781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.