Vivo Healthcare Management 401(k) Review & Grade
Vivo Healthcare Management 401(k) Plan
Lakewood, NJHealth Care & Social Assistance694 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$24Employer $ per active participant
$92Employee $ saved per active participant
0.65%Direct admin cost, % of plan assets
$226,608Net plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.2 / 5010th percentile for employer $ per participant
- Low cost3.8 / 2515th percentile for low admin cost vs. same-size plans
- Employee saving0.3 / 152th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score9 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 15th |
| Employee saving | 2th |
| 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
- Vivo Healthcare Management put in about $24 per active participant, below the typical peer ($976). 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.
- Direct plan expenses (0.65% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $17,000 |
| Participant (employee) contributions | $64,057 |
| Other contributions (incl. rollovers in) | $141,376 |
| Administrative expenses paid from the plan | $1,476 |
| Benefits paid out | $2,026 |
| Net assets, start / end of year | $0 / $226,608 |
| Active participants, start / end of year | 0 / 694 |
| Participants with account balances | 39 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20251013120540NAL0000579091001, received 2025-10-13, EIN 88-3886539, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.