City Ventures Professional Services, LLC 401(k) Review & Grade
City Ventures 401(k) Plan
La Vista, NEReal Estate & Rental566 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$852Employer $ per active participant
$1,417Employee $ saved per active participant
0.50%Direct admin cost, % of plan assets
$3.6MNet plan assets, end of year
$4,982Average balance per account
Score breakdown
- Employer generosity18.3 / 5037th percentile for employer $ per participant
- Low cost5.8 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving2.4 / 1516th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 23th |
| Employee saving | 16th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($47,531 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- City Ventures Professional Services put in about $852 per active participant, below the typical peer ($1,279). 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 (0.50% 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $482,841 |
| Participant (employee) contributions | $802,577 |
| Other contributions (incl. rollovers in) | $1,330 |
| Administrative expenses paid from the plan | $15,643 |
| Contract administrator fees | $14,305 |
| Investment advisory & management fees | $288 |
| Other admin expenses | $1,050 |
| Benefits paid out | $770,460 |
| Net assets, start / end of year | $2.7M / $3.6M |
| Active participants, start / end of year | 656 / 477 |
| Participants with account balances | 724 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ryan + Mann LLC |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $14,428 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250721173053NAL0000815347001, received 2025-07-21, EIN 82-3678714, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.