Plan Ledger DOL Form 5500 · updated monthly

Vogel Law Firm401(k)

VOGEL LAW FIRM 401(K) PROFIT SHARING PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Vogel Law Firm reported $67,708 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $13,089 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 0.17% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 53rd-largest of 279 plans among North Dakota employers on file, and the 2,840th of 11,654 in professional & technical services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has shrunk from 96 to 86 since 2022.

Plan summary
Net assets, end of year$48,177,534
Participants with balances122
Active participants86
Employer contributions$1,125,623
Employee contributions$870,374
Employer contribution per active participant$13,089
Average account balance$394,898
Benefits paid to participants$3,261,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.2M · 122 accts · $1.1M emplr
2023$42.7M · 120 accts · $1.3M emplr
2022$41.9M · 118 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,708
Total administrative$67,708
The Vogel Law Firm 401(k) match · 2024
Employer contribution per active participant$13,089
Median for plans this size$2,416
2024$13,089 per active participant
2023$14,730 per active participant
2022$10,765 per active participant

Vogel Law Firm'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 · 20243
FIRST INTERNATIONAL BANK & TRUST · Investment advisory (plan)$54,306
PENTEGRA SERVICES, INC · Contract administrator$11,095

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$67,708 · 0.15%
2023$83,445 · 0.20%
2022$80,323 · 0.17%
Similar plansProfessional & Technical Services · North Dakota
Klj Solutions Holding Co. ND$87.2M · 0.10%
Houston Engineering, Inc. ND$54.8M · 0.24%
Moore Holding Company ND$47.3M · 0.12%
Moore Holding Company ND$36.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450348495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.