Plan Ledger DOL Form 5500 · updated monthly

Vermont Permanency Initiative, Inc.403(b)

VERMONT PERMANENCY INITIATIVE, INC. 403(B) PLAN · PLYMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Vermont Permanency Initiative, Inc. reported $2,080 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $638 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 0.12% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Hampshire (348th of 411), and 2,652nd of 3,091 in educational services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,638,398
Participants with balances95
Active participants159
Employer contributions$101,486
Employee contributions$180,535
Employer contribution per active participant$638
Average account balance$38,299
Benefits paid to participants$207,441
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 95 accts · $101K emplr
2023$3.1M · 97 accts · $111K emplr
2022$2.8M · 112 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,080
Total administrative$2,080
Employer contributions to the Vermont Permanency Initiative, Inc. plan · 2024
Employer contribution per active participant$638
Median for plans this size$1,313
2024$638 per active participant
2023$657 per active participant
2022$622 per active participant

Vermont Permanency Initiative, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Administrative cost history3
2024$2,080 · 0.06%
2023$3,440 · 0.12%
2022$3,755 · 0.12%
Similar plansEducational Services · New Hampshire
Mount Prospect Academy NH$9.5M · 0.05%
The White Mountain School NH$6.5M · 0.23%
High Mowing School NH$4.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461549267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.