Plan Ledger DOL Form 5500 · updated monthly

Versant Health Holdco, Inc.401(k)

VERSANT HEALTH HOLDCO, INC. 401(K) PLAN · TROY, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Versant Health Holdco, Inc. reported $155,942 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,561 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 0.22% to 0.23%. 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 1,063rd-largest of 5,648 plans among New York employers on file, and the 1,301st of 4,798 in finance & insurance. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,192,296
Participants with balances992
Active participants938
Employer contributions$2,401,826
Employee contributions$5,030,549
Employer contribution per active participant$2,561
Average account balance$70,758
Benefits paid to participants$9,360,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.2M · 992 accts · $2.4M emplr
2023$62.9M · 1,007 accts · $2.2M emplr
2022$60.8M · 1,157 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,942
Investment management$70,000
Total administrative$155,942
The Versant Health Holdco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,561
Median for plans this size$3,635
2024$2,561 per active participant
2023$2,399 per active participant
2022$2,666 per active participant

Versant Health Holdco, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,942
HAYS FINANCIAL GROUP · Investment advisory (plan)$70,000
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect comp

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$155,942 · 0.23%
2023$142,875 · 0.23%
2022$146,117 · 0.22%
Same employer
Similar plansFinance & Insurance · New York
National Bank of Canada NY$68.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810711451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.