Plan Ledger DOL Form 5500 · updated monthly

Vns Federal Services, LLC401(k)

VNS FEDERAL SERVICES, LLC EMPLOYEE 401(K) PROFIT SHARING PLAN · PIKETON, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Vns Federal Services, LLC reported $71,069 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,621 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 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 892nd-largest of 3,295 plans among Ohio employers on file, and the 415th of 2,534 in administrative & support services. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,123,612
Participants with balances288
Active participants161
Employer contributions$582,923
Employee contributions$1,366,568
Employer contribution per active participant$3,621
Average account balance$118,485
Benefits paid to participants$2,375,935
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER NORMAN
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 288 accts · $583K emplr
2023$30.3M · 298 accts · $629K emplr
2022$29.5M · 369 accts · $894K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,034
Investment management$32,336
Trustee / custodial$9,699
Total administrative$71,069
The Vns Federal Services, LLC 401(k) match · 2024
Employer contribution per active participant$3,621
Median for plans this size$2,416
2024$3,621 per active participant
2023$4,398 per active participant
2022$5,452 per active participant

Vns Federal Services, LLC's 2024 employer contribution ran above 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
NEWPORT GROUP INC. · Recordkeeping$29,034
PNC BANK · Investment advisory (participants) · Investment advisory (plan)$32,336
NEWPORT TRUST COMPANY · Trustee$9,699

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$71,069 · 0.22%
2023$67,118 · 0.22%
2022$75,722 · 0.23%
Same employer
Similar plansAdministrative & Support Services · Ohio
Lca Vision, Inc. OH$39.1M · 0.24%
Trustaff Management, Inc. OH$32.1M · 0.52%
Divisions, Inc. OH$30.4M · 0.35%
Oriana House, Inc. OH$24.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820448833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.