Plan Ledger DOL Form 5500 · updated monthly

Vm Consolidated, Inc.401(k)

VERRA MOBILITY 401(K) PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Vm Consolidated, Inc. reported $333,784 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,323 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 0.44% to 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 122nd-largest of 1,285 plans among Arizona employers on file, and the 321st of 2,199 in information & media. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 729 to 1,187 since 2022.

Plan summary
Net assets, end of year$96,021,095
Participants with balances1,570
Active participants1,187
Employer contributions$5,131,475
Employee contributions$9,433,894
Employer contribution per active participant$4,323
Average account balance$61,160
Benefits paid to participants$9,171,012
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.0M · 1,570 accts · $5.1M emplr
2023$78.4M · 1,463 accts · $3.7M emplr
2022$53.3M · 1,088 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,084
Investment management$200,700
Audit (IQPA)$10,000
Total administrative$333,784
The Vm Consolidated, Inc. 401(k) match · 2024
Employer contribution per active participant$4,323
Median for plans this size$3,635
2024$4,323 per active participant
2023$3,270 per active participant
2022$3,382 per active participant

Vm Consolidated, Inc.'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 · 20244
ONE DIGITAL TOPCO LLC DBA RESOURCES · Investment advisory (plan)$103,888
EMPOWER ADVISORY GROUP, LLC · Investment management$96,812
METZ & ASSOCIATES PLLC · Accounting / audit$10,000

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$333,784 · 0.38%
2023$296,268 · 0.45%
2022$230,001 · 0.44%
Same employer
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Voice Media Group, LLC AZ$25.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263302690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.