Plan Ledger DOL Form 5500 · updated monthly

Vida Shoes International401(k)

VIDA SHOES INTERNATIONAL 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Vida Shoes International reported $149,177 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,768 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 0.35% to 0.56%. 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 2,017th-largest of 5,648 plans among New York employers on file, and the 1,407th of 4,246 in wholesale trade. In 2024, employees put in $4.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,737,447
Participants with balances259
Active participants186
Employer contributions$328,851
Employee contributions$1,593,417
Employer contribution per active participant$1,768
Average account balance$110,955
Benefits paid to participants$1,965,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.7M · 259 accts · $329K emplr
2023$25.0M · 262 accts · $367K emplr
2022$20.6M · 266 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,306
Investment management$38,911
Total administrative$149,177
The Vida Shoes International 401(k) match · 2024
Employer contribution per active participant$1,768
Median for plans this size$2,416
2024$1,768 per active participant
2023$1,891 per active participant
2022$1,641 per active participant

Vida Shoes International's 2024 employer contribution ran below 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
JOHN HANCOCK LIFE INS CO OF NY · Recordkeeping · Investment managementindirect comp
WELLS FARGO ADVISORS FINET · Investment advisory (participants)$38,911

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$149,177 · 0.56%
2023$86,280 · 0.38%
2022$75,682 · 0.35%
Same employer
Similar plansWholesale Trade · New York
Ermenegildo Zegna Corp. NY$30.8M · 0.34%
One Step Up, LTD NY$28.9M · 0.42%
Sisley Cosmetics USA NY$27.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132735052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.