Plan Ledger DOL Form 5500 · updated monthly

Vsm Management, LLC401(k)

VSM MANAGEMENT, LLC 401(K) PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
1.03%

Vsm Management, LLC reported $50,171 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. 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 0.59% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,598th of 2,160), and 7,795th of 11,911 in health care & social assistance. active participation has grown from 592 to 820 since 2022.

Plan summary
Net assets, end of year$5,197,831
Participants with balances139
Active participants820
Employer contributions—
Employee contributions$808,800
Employer contribution per active participant—
Average account balance$37,394
Benefits paid to participants$700,971
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$5.2M · 139 accts
2023$4.5M · 130 accts
2022$3.5M · 136 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,171
Total administrative$50,171
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 · 20244
NEWPORT GROUP INC · Recordkeeping · Loan processing$24,298
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,873
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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 history4
2025Not separately reported
2024$50,171 · 1.03%
2023$8,650 · 0.22%
2022$21,515 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Chris 180, Inc. GA$5.4M · 0.85%
Phoenix Senior Living GA$5.4M · 5.07%
The Sheltering Arms GA$5.1M · 0.76%
Cardiovascular Group, LLC GA$5.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371667496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.