Plan Ledger DOL Form 5500 · updated monthly

Vets Plus, Inc.401(k)

VETS PLUS, INC. 401(K) PROFIT SHARING PLAN · MENOMONIE, WI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Vets Plus, Inc. reported $2,498 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,271 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 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,316th of 1,936), and 9,104th of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 138 to 157 since 2022.

Plan summary
Net assets, end of year$9,294,480
Participants with balances199
Active participants157
Employer contributions$356,475
Employee contributions$563,433
Employer contribution per active participant$2,271
Average account balance$46,706
Benefits paid to participants$731,533
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 199 accts · $356K emplr
2023$7.5M · 158 accts · $301K emplr
2022$7.5M · 144 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$275
Investment management$2,223
Total administrative$2,498
The Vets Plus, Inc. 401(k) match · 2024
Employer contribution per active participant$2,271
Median for plans this size$1,313
2024$2,271 per active participant
2023$2,314 per active participant
2022$1,867 per active participant

Vets Plus, Inc.'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 · 20241

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$2,498 · 0.03%
2023$2,094 · 0.03%
2022$1,282 · 0.02%
Same employer
Similar plansManufacturing · Wisconsin
Microprecision, LLC WI$9.3M · 0.50%
M-B Companies, Inc. WI$9.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391697629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.