Plan Ledger DOL Form 5500 · updated monthly

Vnc LLC401(k)

VNC LLC 401 K PROFIT SHARING PLAN AND TRUST · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Vnc LLC reported $93,075 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $5,745 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. 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 994th-largest of 2,726 plans among Massachusetts employers on file, and the 765th of 2,199 in information & media. In 2024, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,650,612
Participants with balances247
Active participants188
Employer contributions$1,080,060
Employee contributions$2,662,041
Employer contribution per active participant$5,745
Average account balance$124,092
Benefits paid to participants$2,962,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 247 accts · $1.1M emplr
2023$25.2M · 234 accts · $999K emplr
2022$18.6M · 215 accts · $788K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,417
Investment management$53,658
Total administrative$93,075
The Vnc LLC 401(k) match · 2024
Employer contribution per active participant$5,745
Median for plans this size$2,416
2024$5,745 per active participant
2023$5,461 per active participant
2022$4,501 per active participant

Vnc LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
JOHN HANCOCK USA · Loan processing · Recordkeeping$39,417
MMA SECURITIES LLC · Investment advisory (plan)$53,658

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$93,075 · 0.33%
2023$70,486 · 0.32%
2022$59,455 · 0.32%
Same employer
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Btc Mobility MA$31.3M · 0.17%
Power Advocate, Inc. MA$29.3M · 0.00%
Vista Higher Learning, Inc. MA$27.5M · 0.24%
Processunity Inc MA$27.5M · 0.13%
America's Test Kitchen, LP MA$27.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815047517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.