Plan Ledger DOL Form 5500 · updated monthly

Vision Government Solutions, Inc401(k)

VISION GOVERNMENT SOLUTIONS, INC. 401(K) PLAN · HUDSON, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Vision Government Solutions, Inc reported $21,991 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $358 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 0.11% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Massachusetts (1,380th of 2,726), and the 713th of 2,096 in real estate & leasing. In 2024, employees put in $11.39 for every $1.00 the employer contributed; active participation has grown from 147 to 399 since 2022.

Plan summary
Net assets, end of year$18,571,987
Participants with balances245
Active participants399
Employer contributions$142,724
Employee contributions$1,625,125
Employer contribution per active participant$358
Average account balance$75,804
Benefits paid to participants$2,349,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 245 accts · $143K emplr
2023$16.2M · 293 accts · $150K emplr
2022$8.9M · 157 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,084
Investment management$15,907
Total administrative$21,991
The Vision Government Solutions, Inc 401(k) match · 2024
Employer contribution per active participant$358
Median for plans this size$2,416
2024$358 per active participant
2023$421 per active participant
2022$588 per active participant

Vision Government Solutions, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Trustee$15,907
ADP, INC. · Loan processing · Recordkeeping$6,084
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$21,991 · 0.13%
2023$15,873 · 0.13%
2022$10,966 · 0.11%
Same employer
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Davenport Realty Trust MA$21.8M · 0.09%
Inland Management, LLC MA$21.3M · 0.25%
Markley Lowell, LLC MA$17.5M · 0.07%
Ppc Event Services, Inc. MA$14.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042867314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.