Plan Ledger DOL Form 5500 · updated monthly

Vetiq Staffing, Inc.401(k)

VETIQ STAFFING 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Vetiq Staffing, Inc. reported $41,785 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,156 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.

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 Texas (3,969th of 5,688), and 1,401st of 2,534 in administrative & support services. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,334,769
Participants with balances253
Active participants323
Employer contributions$373,443
Employee contributions$1,275,796
Employer contribution per active participant$1,156
Average account balance$21,086
Benefits paid to participants$159,510
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,785
Total administrative$41,785
The Vetiq Staffing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,156
Median for plans this size$1,313

Vetiq Staffing, Inc.'s 2024 employer contribution ran below 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$874

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

Administrative cost history1
2024$41,785 · 0.98%
Same employer
Similar plansAdministrative & Support Services · Texas
Cl Support Services, LLC TX$5.6M · 1.14%
Pds Tech Commercial, Inc. TX$5.5M · 0.03%
Career Strategies, Inc. TX$5.3M · 0.66%
Swipejobs, Inc. TX$5.3M · 1.26%
Maviro, Inc. TX$5.2M · 0.60%
Telvista, Inc. TX$5.0M · 0.38%
Fma Alliance, LTD TX$5.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842651476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.