Videndum US Holdings Inc. 401(k) Review & Grade
Videndum USA Savings Plan
New York, NYInformation585 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,502Employer $ per active participant
$4,703Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$59.0MNet plan assets, end of year
$95,342Average balance per account
Score breakdown
- Employer generosity13.6 / 5027th percentile for employer $ per participant
- Low cost18.1 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving2.7 / 1518th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 27th |
| Lower admin cost | 72th |
| Employee saving | 18th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Videndum US Holdings put in about $1,502 per active participant, below the typical peer ($2,829). 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 | $878,876 |
| Participant (employee) contributions | $2,751,001 |
| Other contributions (incl. rollovers in) | $175,603 |
| Administrative expenses paid from the plan | $56,955 |
| Investment advisory & management fees | $22,853 |
| Benefits paid out | $2,212,281 |
| Net assets, start / end of year | $46.7M / $59.0M |
| Active participants, start / end of year | 348 / 822 |
| Participants with account balances | 619 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Michael Rosen & Company |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $22,853 reported compensation |
| Loeb & Loeb LLP | $18,004 reported compensation |
| Morrison Cohen LLP | $12,822 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924085341NAL0007313841001, received 2025-09-24, EIN 13-3740217, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.