Plan Ledger DOL Form 5500 · updated monthly

Vonage Holdings Corp401(k)

VONAGE 401(K) RETIREMENT PLAN · HOLMDEL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Vonage Holdings Corp reported $191,721 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,911 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 rose from 0.02% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 181st-largest of 2,419 plans among New Jersey employers on file, and the 142nd of 2,199 in information & media. In 2024, employees put in $3.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$289,306,635
Participants with balances1,887
Active participants1,218
Employer contributions$4,763,697
Employee contributions$16,929,807
Employer contribution per active participant$3,911
Average account balance$153,316
Benefits paid to participants$21,454,245
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH/BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$289.3M · 1,887 accts · $4.8M emplr
2023$241.1M · 1,812 accts · $4.8M emplr
2022$186.3M · 1,859 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,625
Investment management$122,546
Audit (IQPA)$7,800
Total administrative$191,721
The Vonage Holdings Corp 401(k) match · 2024
Employer contribution per active participant$3,911
Median for plans this size$4,294
2024$3,911 per active participant
2023$4,378 per active participant
2022$3,540 per active participant

Vonage Holdings Corp's 2024 employer contribution ran below the $4,294 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 · 20245
CAPITAL MANAGEMENT GROUP · Consulting · Investment advisory (plan)$81,250
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$62,686
HIGHTOWER ADVISORS LLC$43,750
WITHUM · Accounting / audit$30,160
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$191,721 · 0.07%
2023$144,034 · 0.07%
2022$50,479 · 0.02%
Same employer
Similar plansInformation & Media · New Jersey
John Wiley & Sons, Inc. NJ$670.3M · 0.02%
Radiate Holdco, LLC NJ$317.0M · 0.30%
Commvault Systems, Inc. NJ$290.1M · 0.01%
Ses Americom Inc. NJ$250.4M · 0.04%
A. M. Best Company NJ$187.2M · 0.02%
Idt Corporation NJ$182.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113547680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.