Plan Ledger DOL Form 5500 · updated monthly

Versiti, Inc.401(k)

VERSITI, INC. 401(K) RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Versiti, Inc. reported $254,064 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,147 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 0.23% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 160th-largest of 1,936 plans among Wisconsin employers on file, and the 734th of 11,911 in health care & social assistance. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 2,257 to 2,760 since 2022.

Plan summary
Net assets, end of year$166,142,508
Participants with balances3,117
Active participants2,760
Employer contributions$8,686,386
Employee contributions$12,834,151
Employer contribution per active participant$3,147
Average account balance$53,302
Benefits paid to participants$14,623,204
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$166.1M · 3,117 accts · $8.7M emplr
2023$138.0M · 2,976 accts · $8.1M emplr
2022$108.5M · 2,754 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,805
Investment management$32,279
Total administrative$254,064
The Versiti, Inc. 401(k) match · 2024
Employer contribution per active participant$3,147
Median for plans this size$3,635
2024$3,147 per active participant
2023$3,260 per active participant
2022$3,059 per active participant

Versiti, 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
FID INV INST OPS CO · Loan processing$194,981
CAPTRUST FINANCIAL · Investment advisory (plan)$32,279
GRANTTHORNTON LLP · Accounting / audit$26,805

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$254,064 · 0.17%
2023$226,736 · 0.18%
2022$262,371 · 0.23%
All plans at this employer2
VERSITI, INC. 401(K) RETIREMENT PLAN401(k)
VERSITI 403(B) RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Prevea Clinic, Inc. WI$491.7M · 0.07%
Meriter Health Systems, Inc. WI$334.6M · 0.06%
Baycare Clinic, L.L.P. WI$315.7M · 0.12%
Forefront Management, LLC WI$217.2M · 0.43%
Regional Enterprises, Inc. WI$137.7M · 0.13%
Forefront Dermatology, S.C. WI$131.2M · 0.29%
Fort Healthcare, Inc. WI$129.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454675354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.