Plan Ledger DOL Form 5500 · updated monthly

Visonquest National, LTD.401(k)

VISIONQUEST NATIONAL, LTD. EE 401(K) PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Visonquest National, LTD. reported $132,093 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,110 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 1.13% to 1.00%. 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 462nd-largest of 1,285 plans among Arizona employers on file, and the 4,683rd of 11,911 in health care & social assistance. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 508 to 639 since 2022.

Plan summary
Net assets, end of year$14,048,653
Participants with balances788
Active participants639
Employer contributions$709,092
Employee contributions$1,477,642
Employer contribution per active participant$1,110
Average account balance$17,828
Benefits paid to participants$2,171,934
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 788 accts · $709K emplr
2023$12.3M · 652 accts · $344K emplr
2022$10.2M · 623 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,665
Investment management$27,378
Audit (IQPA)$22,050
Total administrative$132,093
The Visonquest National, LTD. 401(k) match · 2024
Employer contribution per active participant$1,110
Median for plans this size$2,416
2024$1,110 per active participant
2023$622 per active participant

Visonquest National, LTD.'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
JOHN HANCOCK · Recordkeeping · Loan processing$82,665
COMMONWEALTH EQUITY SERVICES, INC. · Investment advisory (plan)$27,378
CLIFTONLARSONALLEN LLP · Accounting / audit$22,050

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$132,093 · 1.00%
2023$108,890 · 0.97%
2022$109,115 · 1.13%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
A New Leaf, Inc. AZ$13.5M · 0.72%
Southwest Network, Inc. AZ$13.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860278038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.