Affinity Veterinary Group, Inc. 401(k) Review & Grade
Affinity Veterinary Group 401k Plan
Dallas, TXManagement of Companies670 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,227Employer $ per active participant
$2,543Employee $ saved per active participant
0.82%Direct admin cost, % of plan assets
$9.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.0 / 5024th percentile for employer $ per participant
- Low cost2.4 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving2.9 / 1519th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 10th |
| Employee saving | 19th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($84,960 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Affinity Veterinary Group put in about $1,227 per active participant, below the typical peer ($2,492). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.82% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $822,389 |
| Participant (employee) contributions | $1,703,617 |
| Other contributions (incl. rollovers in) | $177,379 |
| Administrative expenses paid from the plan | $65,161 |
| Investment advisory & management fees | $25,156 |
| Benefits paid out | $874,517 |
| Net assets, start / end of year | $6.5M / $9.5M |
| Active participants, start / end of year | 459 / 881 |
| Participants with account balances | 246 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricekubecka, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $40,005 reported compensation |
| Legacy 401k Partners LLC | $25,156 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002094147NAL0000447936001, received 2025-10-02, EIN 88-1291575, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.