Arco Innovations, Inc 401(k) Review & Grade
Arco Innovations 401(k) Retirement Plan
Lynchburg, VAWholesale Trade519 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,846Employer $ per active participant
$3,950Employee $ saved per active participant
0.46%Direct admin cost, % of plan assets
$25.6MNet plan assets, end of year
$42,947Average balance per account
Score breakdown
- Employer generosity26.2 / 5052th percentile for employer $ per participant
- Low cost6.5 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 26th |
| Employee saving | 38th |
| 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
- Arco Innovations put in about $1,846 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.
- Direct plan expenses (0.46% 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 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 | $958,075 |
| Participant (employee) contributions | $2,050,135 |
| Other contributions (incl. rollovers in) | $11,229 |
| Administrative expenses paid from the plan | $109,019 |
| Contract administrator fees | $94,484 |
| Investment advisory & management fees | $2,785 |
| Benefits paid out | $2,314,099 |
| Net assets, start / end of year | $22.3M / $25.6M |
| Active participants, start / end of year | 483 / 555 |
| Participants with account balances | 596 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Davidson, Doyle & Hilton, LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $96,834 reported compensation |
| Davidson Doyle Hilton LLP | $9,400 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013074833NAL0001437456001, received 2025-10-13, EIN 88-2128595, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.