Plan Ledger DOL Form 5500 · updated monthly

Vpne Parking Solutions, LLC401(k)

VPNE PARKING SOLUTIONS, LLC 401(K) PROFIT SHARING PLAN · HINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Vpne Parking Solutions, LLC reported $91,449 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $381 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 0.72% to 0.57%. 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 among the smaller plans on file in Massachusetts (1,421st of 2,726), and the 677th of 2,534 in administrative & support services. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 1,982 to 2,269 since 2022.

Plan summary
Net assets, end of year$17,705,772
Participants with balances515
Active participants2,269
Employer contributions$863,798
Employee contributions$1,926,382
Employer contribution per active participant$381
Average account balance$34,380
Benefits paid to participants$1,227,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 515 accts · $864K emplr
2023$14.2M · 430 accts · $639K emplr
2022$10.8M · 339 accts · $530K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,783
Investment management$27,666
Total administrative$91,449
The Vpne Parking Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$381
Median for plans this size$2,416
2024$381 per active participant
2023$315 per active participant
2022$267 per active participant

Vpne Parking Solutions, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
EMPOWER ADVISORY GROUP, LLC · Investment management$27,666
KESTRA INVESTMENT SERVICES LLCindirect 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$91,449 · 0.57%
2023$81,640 · 0.66%
2022$79,609 · 0.72%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
C-4 Analytics, LLC MA$18.3M · 0.42%
Hopperusa, Inc. MA$17.6M · 0.39%
John Galt Staffing, Inc. MA$17.2M · 0.21%
C&W Facility Services, Inc. MA$15.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202086409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.