Plan Ledger DOL Form 5500 · updated monthly

Vermont Mutual Insurance Company401(k)

VERMONT MUTUAL INSURANCE COMPANY 401(K) PLAN · MONTPELIER, VT · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Vermont Mutual Insurance Company reported $86,624 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $8,966 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 0.11% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 27th-largest of 230 plans among Vermont employers on file, and the 1,218th of 4,798 in finance & insurance. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$76,412,319
Participants with balances399
Active participants343
Employer contributions$3,075,342
Employee contributions$2,600,226
Employer contribution per active participant$8,966
Average account balance$191,510
Benefits paid to participants$7,276,604
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER FLYNN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$76.4M · 399 accts · $3.1M emplr
2023$68.4M · 388 accts · $2.6M emplr
2022$57.0M · 381 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,624
Total administrative$86,624
The Vermont Mutual Insurance Company 401(k) match · 2024
Employer contribution per active participant$8,966
Median for plans this size$3,635
2024$8,966 per active participant
2023$8,231 per active participant
2022$7,443 per active participant

Vermont Mutual Insurance Company's 2024 employer contribution ran above the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$86,624
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
MORGAN STANLEY DEAN WITTER · Consultingindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$86,624 · 0.12%
2023$48,677 · 0.08%
2022$69,142 · 0.11%
Same employer
Similar plansFinance & Insurance · Vermont
Community National Bank VT$44.4M · 0.01%
Richards, Inc. VT$36.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030164650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.