Plan Ledger DOL Form 5500 · updated monthly

Vestis Uniforms and Workplace Supplies, Inc401(k)

VESTIS RETIREMENT SAVINGS PLAN · ROSWELL, GA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Vestis Uniforms and Workplace Supplies, Inc reported $426,105 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $712 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 1 year on file its reported administrative ratio fell from 0.07% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other other services employers. By assets it is the 61st-largest of 2,160 plans among Georgia employers on file, and the 16th of 3,341 in other services. In 2023, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$656,705,569
Participants with balances7,743
Active participants10,953
Employer contributions$7,799,350
Employee contributions$25,798,119
Employer contribution per active participant$712
Average account balance$84,813
Benefits paid to participants$72,095,722
Plan history2
Yearassets · accounts · employer contribution
2024$638.5M · 7,674 accts · $910K emplr
2023$656.7M · 7,743 accts · $7.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$333,560
Investment management$52,500
Audit (IQPA)$40,045
Total administrative$426,105
The Vestis Uniforms and Workplace Supplies, Inc 401(k) match · 2023
Employer contribution per active participant$712
Median for plans this size$4,362
2024$88 per active participant
2023$712 per active participant

Vestis Uniforms and Workplace Supplies, Inc's 2023 employer contribution ran below the $4,362 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INST. OP. CO. · Loan processing$333,957
NEWPORT GROUP, INC. · Investment advisory (plan)$52,500
BAKER TILLY US, LLP · Accounting / audit$40,045

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

Administrative cost history2
2024$147,662 · 0.02%
2023$426,105 · 0.07%
Similar plansOther Services · Georgia
Safelite Group, Inc. OH$719.0M · 0.26%
Freeman Decorating Co. TX$686.4M · 0.10%
The Rand Corporation CA$655.7M · 0.02%
The Cna Corporation VA$601.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232816365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.