Viant Medical, LLC 401(k) Review & Grade
Viant Medical, LLC 401(k) Plan
Foxborough, MAManufacturing3,038 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,594Employer $ per active participant
$4,855Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$153.0MNet plan assets, end of year
$42,317Average balance per account
Score breakdown
- Employer generosity10.3 / 5021th percentile for employer $ per participant
- Low cost16.4 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving5.2 / 1534th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 66th |
| Employee saving | 34th |
| 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
- Viant Medical put in about $1,594 per active participant, below the typical peer ($3,452). 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.
- 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 | $4,843,170 |
| Participant (employee) contributions | $14,751,407 |
| Other contributions (incl. rollovers in) | $4,489,479 |
| Administrative expenses paid from the plan | $106,156 |
| Benefits paid out | $14,572,585 |
| Net assets, start / end of year | $123.7M / $153.0M |
| Active participants, start / end of year | 3,133 / 2,944 |
| Participants with account balances | 3,616 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kimberlin Company, PLLC |
Largest service providers (Schedule C)
| Oakwood Capital Securities, Inc | $95,123 reported compensation |
| Empower Advisory Froup, LLC | $55,567 reported compensation |
| Truog-Ryding Company, Inc | $39,332 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250522144648NAL0002802609001, received 2025-05-22, EIN 26-1468849, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.