Dechra Veterinary Products, LLC 401(k) Review & Grade
Dechra Veterinary Products 401(k) Plan
Overland Park, KSWholesale Trade547 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,121Employer $ per active participant
$9,740Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$70.3MNet plan assets, end of year
$111,407Average balance per account
Score breakdown
- Employer generosity48.1 / 5096th percentile for employer $ per participant
- Low cost13.1 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 52th |
| Employee saving | 93th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Dechra Veterinary Products put in about $8,121 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,442,143 |
| Participant (employee) contributions | $5,327,992 |
| Other contributions (incl. rollovers in) | $1,818,506 |
| Administrative expenses paid from the plan | $130,626 |
| Investment advisory & management fees | $32,526 |
| Benefits paid out | $2,530,840 |
| Net assets, start / end of year | $53.5M / $70.3M |
| Active participants, start / end of year | 533 / 561 |
| Participants with account balances | 631 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdmp Assurance, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $72,601 reported compensation |
| Fifth Third Bank | $32,526 reported compensation |
| Berrydunn | $25,499 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003085937NAL0001200145001, received 2025-10-03, EIN 20-2624279, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.