Department of Labor filing

VILLAGE PRACTICE MANAGEMENT COMP

VILLAGE MD 401(K) PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Oct 16, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

49filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,970

Reported employer contributions per active participant.

Higher than about 38% of comparable plans
#People in the filing
5,340

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$32 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 76% of comparable plans
Investment performance
Not available

Plan assets changed 54.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202249out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions38th percentileTypical peer $2,666 · based on 391 comparable plans
Lower reported administrative expense76th percentileTypical peer $63 · based on 400 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2022, VILLAGE PRACTICE MANAGEMENT COMP reported $10,519,411 in employer contributions across the plan and 5,340 active participants. That works out to $1,970 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context49/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$10,519,411
Participant contributions
$24,674,433
Other contributions
$17,328,577
Employer share of reported contributions
29.9%
Beginning assets
$59,333,772
Ending assets
$91,728,062
Ending net assets
$91,728,062
Ending liabilities
$0
Total income
$40,617,180
Total expenses
$8,222,890
Administrative expenses
$127,783
Participant loans
$1,447,143

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,970
Plan-paid administrative expenses per participant
2022
$32
Active participants
2022
5,340
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$1,9705,34091.7M20231016173211NAL0025595011001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.6%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
462975838-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2017
Industry
Professional, scientific, and technical services
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
BLACKROCK INVESTMENTS, INC.2022Not reportedunknown
FIDELITY DISTRIBUTORS CORP.2022Not reportedunknown
INVESCO2022Not reportedunknown
J.P. MORGAN INVESTMENT MANAGEMENT2022Not reportedunknown
STATE STREET GLOBAL MARKETS2022Not reportedunknown
TIAA-CREF FUNDS2022Not reportedunknown
VANGUARD2022Not reportedunknown

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Current plan terms

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Filing ACK_ID20231016173211NAL0025595011001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗