Plan Ledger DOL Form 5500 · updated monthly

Virbac Corporation401(k)

VIRBAC CORPORATION RETIREMENT SAVINGS PLAN · WESTLAKE, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Virbac Corporation reported $126,762 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,797 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 fell from 0.20% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 651st-largest of 5,688 plans among Texas employers on file, and the 1,509th of 11,654 in professional & technical services. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 470 to 521 since 2022.

Plan summary
Net assets, end of year$99,962,171
Participants with balances598
Active participants521
Employer contributions$3,020,491
Employee contributions$4,797,114
Employer contribution per active participant$5,797
Average account balance$167,161
Benefits paid to participants$8,189,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.0M · 598 accts · $3.0M emplr
2023$79.5M · 508 accts · $2.8M emplr
2022$64.3M · 499 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,387
Investment management$24,375
Total administrative$126,762
The Virbac Corporation 401(k) match · 2024
Employer contribution per active participant$5,797
Median for plans this size$3,635
2024$5,797 per active participant
2023$5,212 per active participant
2022$5,410 per active participant

Virbac Corporation's 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,386
WHITLEY PENN LLP · Accounting / audit$24,375

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$126,762 · 0.14%
2023$102,338 · 0.14%
2022$138,649 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Texas
Huitt-Zollars, Inc. TX$103.7M · 0.00%
Omnitracs, LLC TX$101.4M · 0.15%
Workrise Technologies, Inc. TX$99.2M · 0.31%
Dccm, LLC TX$99.1M · 0.21%
Bazaarvoice, Inc. TX$98.6M · 0.03%
Bonterra, LLC TX$98.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431648680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.