Van Wall Equipment, Inc. 401(k) Review & Grade
Van Wall Equipment, Inc. Profit Sharing 401(k) Plan
Nevada, IARetail Trade645 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,802Employer $ per active participant
$7,143Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$67.4MNet plan assets, end of year
$88,740Average balance per account
Score breakdown
- Employer generosity48.5 / 5097th percentile for employer $ per participant
- Low cost9.1 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving14.4 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 36th |
| Employee saving | 96th |
| Peers that auto-enroll | 48% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Van Wall Equipment put in about $3,802 per active participant, more than the typical peer ($743). 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.
- 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 | $2,452,483 |
| Participant (employee) contributions | $4,607,336 |
| Other contributions (incl. rollovers in) | $653,467 |
| Administrative expenses paid from the plan | $215,378 |
| Investment advisory & management fees | $144,067 |
| Benefits paid out | $7,846,866 |
| Net assets, start / end of year | $59.6M / $67.4M |
| Active participants, start / end of year | 607 / 683 |
| Participants with account balances | 759 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Meriwether, Wilson and Co., PLLC |
Largest service providers (Schedule C)
| Wells Fargo Advisors | $144,067 reported compensation |
| Fidelity Investments Institutional | $55,261 reported compensation |
| Meriwether Wilson and Company, PLLC | $16,050 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013142343NAL0002174576001, received 2025-10-13, EIN 42-1085712, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.