Plan Ledger DOL Form 5500 · updated monthly

Vickers & Nolan Enterprises, LLC401(k)

VICKERS & NOLAN ENTERPRISES, LLC RETIREMENT PLAN · STAFFORD, VA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Vickers & Nolan Enterprises, LLC reported $89,200 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,536 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 0.52% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,144th of 2,266), and the 737th of 2,534 in administrative & support services. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 60 to 94 since 2022.

Plan summary
Net assets, end of year$15,955,125
Participants with balances174
Active participants94
Employer contributions$332,400
Employee contributions$862,362
Employer contribution per active participant$3,536
Average account balance$91,696
Benefits paid to participants$1,695,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 174 accts · $332K emplr
2023$14.3M · 184 accts · $316K emplr
2022$11.6M · 159 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,729
Investment management$30,471
Total administrative$89,200
The Vickers & Nolan Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$3,536
Median for plans this size$2,416
2024$3,536 per active participant
2023$3,807 per active participant
2022$4,003 per active participant

Vickers & Nolan Enterprises, LLC's 2024 employer contribution ran above the $2,416 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
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$58,729
MERRILL LYNCH LIFE AGENCY, INC · Insurance broker · Insurance services$30,471

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$89,200 · 0.59%
2023$72,282 · 0.56%
2022$67,013 · 0.52%
Similar plansAdministrative & Support Services · Virginia
Transforce, Inc. VA$19.8M · 0.66%
Cibt Inc VA$19.5M · 0.48%
Omega World Travel, Inc. VA$16.5M · 0.53%
Iai North America, Inc. VA$15.0M · 0.19%
Savvee Consulting Inc VA$15.0M · 0.40%
Lancesoft, Inc. VA$14.5M · 1.89%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200759070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.