Plan Ledger DOL Form 5500 · updated monthly

Veterinary Staffing Solutions, LLC401(k)

INDEVETS 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Veterinary Staffing Solutions, LLC reported $153,078 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,260 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 rose from 1.03% to 1.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (1,942nd of 3,651), and 6,837th of 11,654 in professional & technical services. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 240 to 346 since 2022.

Plan summary
Net assets, end of year$13,962,142
Participants with balances461
Active participants346
Employer contributions$1,474,014
Employee contributions$2,522,800
Employer contribution per active participant$4,260
Average account balance$30,287
Benefits paid to participants$1,927,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 461 accts · $1.5M emplr
2023$9.6M · 400 accts · $1.1M emplr
2022$4.9M · 272 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,473
Investment management$48,440
Total administrative$153,078
The Veterinary Staffing Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$4,260
Median for plans this size$2,416
2024$4,260 per active participant
2023$3,720 per active participant
2022$2,933 per active participant

Veterinary Staffing Solutions, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$4,408
AE WEALTH MANAGEMENT, LLC · Investment advisory (participants)$48,440

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$153,078 · 1.30%
2023$80,785 · 1.12%
2022$37,937 · 1.03%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Almirall LLC PA$14.1M · 0.44%
Aclaris Therapeutics Inc PA$14.1M · 0.27%
Ssm Group, Inc. PA$14.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352605844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.