Plan Ledger DOL Form 5500 · updated monthly

Vetter Development Services USA, Inc.401(k)

VETTER DEVELOPMENT SERVICES USA, INC. 401(K) PLAN · SKOKIE, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Vetter Development Services USA, Inc. reported $1,763 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,802 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 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,285th-largest of 3,702 plans among Illinois employers on file, and the 1,319th of 4,246 in wholesale trade. In 2024, the employer put in $2.38 for every $1.00 employees contributed themselves; active participation has grown from 105 to 130 since 2022.

Plan summary
Net assets, end of year$31,073,396
Participants with balances173
Active participants130
Employer contributions$1,924,274
Employee contributions$808,003
Employer contribution per active participant$14,802
Average account balance$179,615
Benefits paid to participants$1,923,889
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 173 accts · $1.9M emplr
2023$26.3M · 171 accts · $1.9M emplr
2022$20.9M · 151 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,763
Total administrative$1,763
The Vetter Development Services USA, Inc. 401(k) match · 2024
Employer contribution per active participant$14,802
Median for plans this size$2,416
2024$14,802 per active participant
2023$15,248 per active participant
2022$17,268 per active participant

Vetter Development Services USA, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,763
LPL FINANCIAL LLCindirect comp

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$1,763 · 0.01%
2023$1,306 · 0.01%
2022$1,019 · 0.00%
Same employer
Similar plansWholesale Trade · Illinois
Weldstar Company IL$33.4M · 0.29%
Mizar Holding Company, Inc. IL$32.9M · 0.39%
Dsi Holding USA Inc. IL$31.9M · 0.39%
Envoy Solutions, LLC IL$31.4M · 0.30%
Marshall Associates, Inc. IL$30.7M · 0.19%
Misumi USA, Inc. IL$29.8M · 0.25%
Dfs Holding Company, LLC IL$29.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270895940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.