Plan Ledger DOL Form 5500 · updated monthly

Veterans Management Services, Inc.401(k)

VETERANS MANAGEMENT SERVICES, INC. 401(K) PLAN · STERLING, VA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Veterans Management Services, Inc. reported $2,582 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $209 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 0.15% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,999th of 2,266), and 10,533rd of 11,654 in professional & technical services. In 2024, employees put in $20.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,007,766
Participants with balances127
Active participants114
Employer contributions$23,807
Employee contributions$485,115
Employer contribution per active participant$209
Average account balance$23,683
Benefits paid to participants$419,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 127 accts · $24K emplr
2023$2.6M · 117 accts · $21K emplr
2022$2.4M · 114 accts · $20K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,582
Total administrative$2,582
The Veterans Management Services, Inc. 401(k) match · 2024
Employer contribution per active participant$209
Median for plans this size$1,313
2024$209 per active participant
2023$173 per active participant
2022$187 per active participant

Veterans Management Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
AMERITAS LIFE INSURANCE CORP · Recordkeeping · Loan processing$2,582

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,582 · 0.09%
2023$1,132 · 0.05%
2022$3,480 · 0.15%
Similar plansProfessional & Technical Services · Virginia
Rividium VA$3.2M · 0.07%
Tuba Group, Inc VA$3.1M · 0.44%
Infomatics Corp. VA$3.0M · 0.62%
Block.One, LLC VA$3.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270541495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.