Plan Ledger DOL Form 5500 · updated monthly

Vertisystem Inc.401(k)

VERTISYSTEM INC. 401(K) PROFIT SHARING PLAN AND TRUST · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.74%

Vertisystem Inc. reported $16,833 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. 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 1.30% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,127th of 9,483), and 1,861st of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$2,396,476
Participants with balances103
Active participants154
Employer contributions—
Employee contributions$455,172
Employer contribution per active participant—
Average account balance$23,267
Benefits paid to participants$355,984
Plan auditUnmodified (clean) audit opinion
AuditorNARESH ARORA & GULRAJANI CPAS LL
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 103 accts
2023$2.2M · 103 accts
2022$1.6M · 99 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,865
Investment management$14,968
Total administrative$16,833
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 · 20241
ADP, INC. · Loan processing · Recordkeeping$16,833

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$16,833 · 0.74%
2023$17,429 · 0.94%
2022$24,522 · 1.30%
Similar plansAdministrative & Support Services · California
Marquee Staffing CA$2.6M · 1.08%
Advantis Global, LLC CA$2.6M · 0.04%
Red Cow, Inc. CA$2.5M · 0.06%
Moreno & Associates, Inc. CA$2.4M · 1.60%
Blueboard, Inc. CA$2.4M · 0.11%
Valence Electron, Inc. CA$2.4M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263480871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.