The Country Vintner, Inc. D/B/A Winebow 401(k) Review & Grade
Winebow 401(k) Plan
Glen Allen, VAWholesale Trade1,380 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,806Employer $ per active participant
$6,324Employee $ saved per active participant
0.50%Direct admin cost, % of plan assets
$144.0MNet plan assets, end of year
$84,590Average balance per account
Score breakdown
- Employer generosity25.3 / 5051th percentile for employer $ per participant
- Low cost5.7 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving10.8 / 1572th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 23th |
| Employee saving | 72th |
| Peers that auto-enroll | 53% |
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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 ($146 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $76,597 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Country Vintner, Inc. D/B/A Winebow put in about $1,806 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 (0.50% 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.
- 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 | $2,491,007 |
| Participant (employee) contributions | $8,724,018 |
| Other contributions (incl. rollovers in) | $1,480,747 |
| Administrative expenses paid from the plan | $692,036 |
| Contract administrator fees | $585,338 |
| Investment advisory & management fees | $40,854 |
| Other admin expenses | $40,854 |
| Benefits paid out | $14,107,467 |
| Net assets, start / end of year | $130.9M / $144.0M |
| Active participants, start / end of year | 1,396 / 1,363 |
| Participants with account balances | 1,702 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $585,338 reported compensation |
| Merrill Lynch Pierce Fenner & Smith | $81,708 reported compensation |
| RSM US LLP | $49,980 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009145409NAL0006759265001, received 2025-10-09, EIN 54-1145524, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.