Plan Ledger DOL Form 5500 · updated monthly

Vetter Equipment Company Inc401(k)

VETTER EQUIPMENT COMPANY INC 401(K) PROFIT SHARING TRUST · OVERLAND PARK, KS · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Vetter Equipment Company Inc reported $65,759 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,907 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 has held roughly steady near 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 394th-largest of 828 plans among Kansas employers on file, and the 1,950th of 5,215 in retail trade. In 2023, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,554,822
Participants with balances173
Active participants160
Employer contributions$305,107
Employee contributions$722,512
Employer contribution per active participant$1,907
Average account balance$84,132
Benefits paid to participants$1,515,755
Plan auditUnmodified (clean) audit opinion
AuditorEQUIPMENT DEALERS CONSULTING, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$14.6M · 173 accts · $305K emplr
2022$11.8M · 158 accts · $306K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$65,759
Total administrative$65,759
The Vetter Equipment Company Inc 401(k) match · 2023
Employer contribution per active participant$1,907
Median for plans this size$2,440
2023$1,907 per active participant
2022$1,975 per active participant

Vetter Equipment Company Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
NATIONWIDE · Recordkeeping$2,434
TFB ADVISORS, LLC · Investment advisory (plan)$41,197
EQUIPMENT DEALER CONSULTING, LLC · Accounting / audit$12,256
AMERITAS ADVISORY SERVICES, LLC · Investment advisory (plan)$8,244
LEAFHOUSE FINANCIAL ADVISORS LLC · Investment management$2,747

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

Administrative cost history2
2023$65,759 · 0.50%
2022$57,230 · 0.48%
Similar plansRetail Trade · Kansas
Olathe Ford Sales, Inc. KS$17.3M · 0.37%
Purple Wave, Inc. KS$16.7M · 0.04%
Auburn Pharmacies, Inc. KS$15.6M · 0.35%
Hatchett Corporate LLC KS$12.6M · 0.72%
Laird Noller Ford, Inc. KS$11.3M · 0.44%
It's Greek to Me, Inc. KS$11.2M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421149934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.