Vestas America Holding, Inc. 401(k) Review & Grade
Vestas America Holding, Inc. 401(k) Plan
Portland, ORManufacturing4,304 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,338Employer $ per active participant
$6,640Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$380.7MNet plan assets, end of year
$57,403Average balance per account
Score breakdown
- Employer generosity31.9 / 5064th percentile for employer $ per participant
- Low cost14.8 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 59th |
| Employee saving | 56th |
| Peers that auto-enroll | 70% |
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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
- Vestas America Holding put in about $4,338 per active participant, more than the typical peer ($3,452). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $18,671,141 |
| Participant (employee) contributions | $28,577,330 |
| Other contributions (incl. rollovers in) | $3,785,084 |
| Administrative expenses paid from the plan | $325,621 |
| Other admin expenses | $56,066 |
| Benefits paid out | $29,664,739 |
| Net assets, start / end of year | $311.9M / $380.7M |
| Active participants, start / end of year | 3,713 / 4,895 |
| Participants with account balances | 6,632 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Perkins & Company, P.C. |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $269,555 reported compensation |
| Mercer | $54,469 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010155545NAL0012950624001, received 2025-10-10, EIN 27-1561927, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.