Vaco Holdings, LLC 401(k) Review & Grade
Vaco 401(k) Plan
Brentwood, TNAdministrative, Support & Staffing Services5,944 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$217Employer $ per active participant
$4,931Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$220.3MNet plan assets, end of year
$54,222Average balance per account
Score breakdown
- Employer generosity21.4 / 5043th percentile for employer $ per participant
- Low cost7.8 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving13.1 / 1587th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 31th |
| Employee saving | 87th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $1,049,904 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Vaco Holdings put in about $217 per active participant, below the typical peer ($342). 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 (0.22% of assets) are well above similar-size plans (0.12%). 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.
- 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 | $1,289,249 |
| Participant (employee) contributions | $29,308,907 |
| Other contributions (incl. rollovers in) | $6,400,767 |
| Administrative expenses paid from the plan | $443,041 |
| Investment advisory & management fees | $286,438 |
| Benefits paid out | $26,534,357 |
| Net assets, start / end of year | $182.3M / $220.3M |
| Active participants, start / end of year | 5,857 / 6,031 |
| Participants with account balances | 4,062 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Merrill Lynch | $286,438 reported compensation |
| Fidelity Investments Institutional | $156,603 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015153530NAL0010411554001, received 2025-10-15, EIN 46-0863705, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.