Plan Ledger DOL Form 5500 · updated monthly

Vernet US Corporation401(k)

VERNET US CORPORATION 401(K) RETIREMENT SAVINGS PLAN · COLUMBUS, IN · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Vernet US Corporation reported $37,843 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,658 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 0.67% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Indiana (1,090th of 1,562), and 628th of 786 in management of companies. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,387,134
Participants with balances211
Active participants166
Employer contributions$275,234
Employee contributions$585,155
Employer contribution per active participant$1,658
Average account balance$30,271
Benefits paid to participants$1,422,066
Plan auditUnmodified (clean) audit opinion
AuditorAGRESTA, STORMS, & O'LEARY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 211 accts · $275K emplr
2023$6.3M · 192 accts · $304K emplr
2022$5.7M · 205 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,918
Investment management$23,925
Total administrative$37,843
The Vernet US Corporation 401(k) match · 2024
Employer contribution per active participant$1,658
Median for plans this size$1,313
2024$1,658 per active participant
2023$2,079 per active participant
2022$1,742 per active participant

Vernet US Corporation's 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$19,524
SFIA LLC · Investment advisory (plan)$23,925

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$37,843 · 0.60%
2023$39,224 · 0.65%
2022$40,693 · 0.67%
Similar plansManagement of Companies · Indiana
Huse Culinary Inc. IN$11.7M · 0.19%
New Sunshine, LLC. IN$9.7M · 0.21%
Friendship Bancorp, Inc. IN$9.6M · 0.63%
Gebhart Holdings, Inc. IN$3.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510237427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.