Plan Ledger DOL Form 5500 · updated monthly

Vesta Corporation401(k)

VESTA CORPORATION 401(K) PROFIT SHARING PLAN · WEATOGUE, CT · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Vesta Corporation reported $49,290 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,812 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 0.63% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Connecticut (775th of 1,106), and 1,151st of 2,096 in real estate & leasing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 218 to 248 since 2022.

Plan summary
Net assets, end of year$9,317,333
Participants with balances236
Active participants248
Employer contributions$449,478
Employee contributions$821,656
Employer contribution per active participant$1,812
Average account balance$39,480
Benefits paid to participants$409,447
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 236 accts · $449K emplr
2023$7.5M · 198 accts · $391K emplr
2022$6.1M · 165 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,290
Total administrative$49,290
The Vesta Corporation 401(k) match · 2024
Employer contribution per active participant$1,812
Median for plans this size$1,313
2024$1,812 per active participant
2023$1,582 per active participant
2022$1,537 per active participant

Vesta 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,202
CETERA ADVISOR NETWORKS LLC · Investment advisory (plan)$15,111
STRATEGIC ADVISORS, INC · Investment advisory (plan)$4,938
STRATEGIC ADVISORS, INC. · Investment advisory (participants)$4,038

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$49,290 · 0.59%
2023$42,712 · 0.63%
2022$40,200 · 0.63%
Same employer
Similar plansReal Estate & Leasing · Connecticut
Chestnut Hill South LLC CT$17.0M · 0.01%
The Simon Konover Company CT$16.7M · 1.11%
Blt Management, LLC CT$14.3M · 0.51%
Rps, Inc. CT$11.4M · 0.38%
Midstate Arc, Inc. CT$5.2M · 0.08%
Owens, Renz and Lee CT$2.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061512511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.