Plan Ledger DOL Form 5500 · updated monthly

Vera Wang Group LLC401(k)

VERA WANG GROUP LLC 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.02%

Vera Wang Group LLC reported $1,225 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,999th of 5,648), and 3,288th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$7,522,537
Participants with balances90
Active participants155
Employer contributions—
Employee contributions$580,004
Employer contribution per active participant—
Average account balance$83,584
Benefits paid to participants$174,348
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$7.5M · 90 accts
2022$6.2M · 95 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,225
Total administrative$1,225
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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,225
LPL FINANCIAL LLCindirect comp

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

Administrative cost history2
2023$1,225 · 0.02%
2022$810 · 0.01%
Same employer
Similar plansWholesale Trade · New York
Lamb Farms Inc NY$7.7M · 0.54%
Safavieh NY$7.6M · 0.04%
Carnegie Fabrics, LLC NY$7.5M · 0.53%
Dana-Co, LLC NY$7.3M · 0.67%
Sovereign Brands LLC NY$7.2M · 0.04%
D 3 LLC NY$7.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331083533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.