Plan Ledger DOL Form 5500 · updated monthly

Vitac Corporation401(k)

VERBIT GROUP RETIREMENT SAVINGS PLAN · GREENWOOD VILLAGGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Vitac Corporation reported $47,073 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,181 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 1 year on file its reported administrative ratio fell from 0.31% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 422nd-largest of 1,461 plans among Colorado employers on file, and the 874th of 2,199 in information & media. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,454,717
Participants with balances465
Active participants409
Employer contributions$891,946
Employee contributions$1,796,549
Employer contribution per active participant$2,181
Average account balance$54,741
Benefits paid to participants$3,962,352
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$25.5M · 465 accts · $892K emplr
2023$24.1M · 461 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Investment management$47,073
Total administrative$47,073
The Vitac Corporation 401(k) match · 2024
Employer contribution per active participant$2,181
Median for plans this size$2,416
2024$2,181 per active participant
2023$1,947 per active participant

Vitac Corporation'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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$36,882
EMPOWER ADVISORY GROUP, LLC · Investment management$10,191

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

Administrative cost history2
2024$47,073 · 0.19%
2023$68,808 · 0.31%
All plans at this employer2
VITAC CORPORATION RETIREMENT SAVINGS PLAN401(k)
VERBIT GROUP RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansInformation & Media · Colorado
Wiland, Inc. CO$36.4M · 0.18%
Veritone, Inc. CO$31.8M · 0.50%
Datavail Corporation CO$26.0M · 0.35%
Outside Interactive, Inc. CO$22.7M · 0.23%
Contentful Inc CO$22.6M · 0.15%
Stack Infrastructure Inc. CO$21.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251519537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.