Vesta Property Services Inc 401(k) Review & Grade
Vesta Property Services Inc 401(k) Profit Sharing Plan & Trust
Jacksonville, FLAgriculture, Forestry, Fishing & Hunting800 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$63Employer $ per active participant
$861Employee $ saved per active participant
0.32%Direct admin cost, % of plan assets
$4.3MNet plan assets, end of year
$6,854Average balance per account
Score breakdown
- Employer generosity1.7 / 503th percentile for employer $ per participant
- Low cost9.6 / 2538th percentile for low admin cost vs. same-size plans
- Employee saving3.1 / 1521th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 3th |
| Lower admin cost | 38th |
| Employee saving | 21th |
| Peers that auto-enroll | 36% |
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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
- Vesta Property Services put in about $63 per active participant, below the typical peer ($774). 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 | $50,575 |
| Participant (employee) contributions | $688,015 |
| Other contributions (incl. rollovers in) | $20,380 |
| Administrative expenses paid from the plan | $12,675 |
| Contract administrator fees | $3,445 |
| Investment advisory & management fees | $8,270 |
| Benefits paid out | $504,988 |
| Net assets, start / end of year | $3.6M / $4.3M |
| Active participants, start / end of year | 812 / 787 |
| Participants with account balances | 634 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Martin & Associates, PL |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner | $8,270 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250707094415NAL0001513891001, received 2025-07-07, EIN 59-3353294, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.