New Venture Fund 401(k) Review & Grade
New Venture Fund 401(k) Profit Sharing Plan
Washington, DCOther Services610 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,373Employer $ per active participant
$8,591Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$57.9MNet plan assets, end of year
$60,300Average balance per account
Score breakdown
- Employer generosity46.7 / 5093th percentile for employer $ per participant
- Low cost12.3 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 49th |
| Employee saving | 90th |
| Peers that auto-enroll | 40% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($499,218 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
- New Venture Fund put in about $6,373 per active participant, more than the typical peer ($1,257). 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 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 | $3,887,552 |
| Participant (employee) contributions | $5,240,739 |
| Other contributions (incl. rollovers in) | $1,205,549 |
| Administrative expenses paid from the plan | $125,253 |
| Investment advisory & management fees | $46,717 |
| Benefits paid out | $7,132,951 |
| Net assets, start / end of year | $48.4M / $57.9M |
| Active participants, start / end of year | 685 / 535 |
| Participants with account balances | 961 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Armanino, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $78,536 reported compensation |
| Three Bell Capital LLC | $46,717 reported compensation |
| Empower Financial Services, Inc. | $50 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925153625NAL0012407506001, received 2025-09-25, EIN 20-5806345, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.