Plan Ledger DOL Form 5500 · updated monthly

Viemed, Inc.401(k)

VIEMED, INC. 401(K) PLAN · LAFAYETTE, LA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Viemed, Inc. reported $200,007 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,334 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 0.43% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 213th-largest of 884 plans among Louisiana employers on file, and the 3,150th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 680 to 1,178 since 2022.

Plan summary
Net assets, end of year$25,101,348
Participants with balances552
Active participants1,178
Employer contributions$1,571,741
Employee contributions$2,818,078
Employer contribution per active participant$1,334
Average account balance$45,473
Benefits paid to participants$1,974,594
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL SIKES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 552 accts · $1.6M emplr
2023$19.5M · 497 accts · $1.4M emplr
2022$13.6M · 415 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,940
Investment management$80,067
Total administrative$200,007
The Viemed, Inc. 401(k) match · 2024
Employer contribution per active participant$1,334
Median for plans this size$2,416
2024$1,334 per active participant
2023$1,514 per active participant
2022$1,685 per active participant

Viemed, Inc.'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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$84,810
RETIREMENT STRATEGIES GROUP, LLC DE · Recordkeeping · Loan processing$10,303
AVANTAX ADVISORY SERVICES INC · Investment advisory (plan)$66,214
EISENAMPER LLP ATTN ACCOUNTS PAYABL · Accounting / audit$11,500

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

Recordkeeper by year2
2024RETIREMENT STRATEGIES GROUP, LLC DE, Transamerica
2023RETIREMENT STRATEGIES GROUP, LLC DE, Transamerica

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

Administrative cost history3
2024$200,007 · 0.90%
2023$92,190 · 0.56%
2022$56,011 · 0.43%
Similar plansHealth Care & Social Assistance · Louisiana
Zephyr Anesthesia, LLC LA$29.9M · 0.26%
Lmg, LLC LA$29.6M · 0.05%
Lifeshare Blood Center LA$23.8M · 0.05%
Eye Medical Center LA$22.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384052008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.