Highland Ventures, LTD. 401(k) Review & Grade
Highland Ventures, LTD. 401(k) Plan
Brentwood, TNReal Estate & Rental747 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$264Employer $ per active participant
$759Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$18.7MNet plan assets, end of year
$48,713Average balance per account
Score breakdown
- Employer generosity5.2 / 5010th percentile for employer $ per participant
- Low cost11.1 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving0.9 / 156th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 45th |
| Employee saving | 6th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $37,377 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Highland Ventures put in about $264 per active participant, below the typical peer ($1,279). 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.
- 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.
- 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 | $197,026 |
| Participant (employee) contributions | $566,885 |
| Other contributions (incl. rollovers in) | $1,871 |
| Administrative expenses paid from the plan | $47,784 |
| Contract administrator fees | $47,234 |
| Other admin expenses | $550 |
| Benefits paid out | $1,344,930 |
| Net assets, start / end of year | $16.8M / $18.7M |
| Active participants, start / end of year | 777 / 717 |
| Participants with account balances | 384 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| Fgmk Financial Services, LLC | $8,669 reported compensation |
| Voya Retirement Insurance | $34 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007144925NAL0004746225001, received 2025-10-07, EIN 37-1196789, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.