Plan Ledger DOL Form 5500 · updated monthly

Veritas Hhs, LLC401(k)

VERITAS HHS 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Veritas Hhs, LLC reported $7,743 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,242 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 0.51% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in Colorado (948th of 1,461), and 58th of 90 in public administration. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 220 to 430 since 2022.

Plan summary
Net assets, end of year$6,621,889
Participants with balances437
Active participants430
Employer contributions$534,258
Employee contributions$927,556
Employer contribution per active participant$1,242
Average account balance$15,153
Benefits paid to participants$780,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 437 accts · $534K emplr
2023$5.2M · 326 accts · $386K emplr
2022$3.9M · 222 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,743
Total administrative$7,743
The Veritas Hhs, LLC 401(k) match · 2024
Employer contribution per active participant$1,242
Median for plans this size$1,313
2024$1,242 per active participant
2023$1,451 per active participant
2022$1,328 per active participant

Veritas Hhs, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
AMERITAS LIFE INSURANCE CORP · Contract administrator$7,743

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$7,743 · 0.13%
2023$7,820 · 0.17%
2022$20,018 · 0.51%
Same employer
Similar plansPublic Administration · Colorado
Tonto Apache Tribe AZ$8.3M · 0.60%
Las Vegas Paiute Tribe NV$8.0M · 1.01%
Yavapai Apache Nation AZ$7.5M · 0.11%
Grand Portage R.T.C. MN$5.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275319964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.