Plan Ledger DOL Form 5500 · updated monthly

Vermont Gas Systems, Inc.401(k)

VERMONT GAS SYSTEMS, INC. 401(K) PLAN · BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Vermont Gas Systems, Inc. reported $131,427 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $6,748 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 0.47% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 50th-largest of 230 plans among Vermont employers on file, and 210th of 412 in utilities. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,127,503
Participants with balances201
Active participants152
Employer contributions$1,025,756
Employee contributions$1,600,749
Employer contribution per active participant$6,748
Average account balance$184,714
Benefits paid to participants$2,647,968
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 201 accts · $1.0M emplr
2023$29.8M · 197 accts · $1.1M emplr
2022$25.5M · 190 accts · $881K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,008
Investment management$89,419
Total administrative$131,427
The Vermont Gas Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$6,748
Median for plans this size$2,416
2024$6,748 per active participant
2023$7,541 per active participant
2022$6,337 per active participant

Vermont Gas Systems, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$42,008
MORGAN STANLEY SMITH BARNEY · Investment management$89,037
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$131,427 · 0.39%
2023$116,008 · 0.42%
2022$135,675 · 0.47%
Same employer
Similar plansUtilities · Vermont
Hope Gas, Inc. WV$38.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030228680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.