Plan Ledger DOL Form 5500 · updated monthly

Veregy, LLC401(k)

VEREGY 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Veregy, LLC reported $54,113 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,399 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 3 years on file its reported administrative ratio has held roughly steady near 0.147%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 226th-largest of 1,285 plans among Arizona employers on file, and the 1,216th of 5,337 in construction. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 430 to 476 since 2022.

Plan summary
Net assets, end of year$40,897,904
Participants with balances441
Active participants476
Employer contributions$1,617,925
Employee contributions$3,801,463
Employer contribution per active participant$3,399
Average account balance$92,739
Benefits paid to participants$2,524,050
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 441 accts · $1.6M emplr
2023$32.6M · 421 accts · $1.4M emplr
2022$27.9M · 438 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,963
Investment management$7,954
Total administrative$54,113
The Veregy, LLC 401(k) match · 2024
Employer contribution per active participant$3,399
Median for plans this size$2,416
2024$3,399 per active participant
2023$3,406 per active participant
2022$3,304 per active participant

Veregy, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,963
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,954
CBIZ CPAS · Accounting / audit$6,196

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$54,113 · 0.15%
2023$52,579 · 0.17%
2022$49,078 · 0.15%
Same employer
Similar plansConstruction · Arizona
Alita Care Holdings LLC AZ$45.6M · 0.54%
Mgc Contractors, Inc. AZ$43.6M · 0.03%
Nxg, LLC AZ$36.7M · 0.60%
Synergos Companies LLC AZ$36.3M · 0.48%
Haydon Companies, LLC AZ$33.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834013155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.