Northland Cable Television, Inc. 401(k) Review & Grade
Vyve 401(k) Plan
Rye Brook, NYInformation674 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,068Employer $ per active participant
$3,963Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$25.8MNet plan assets, end of year
$26,808Average balance per account
Score breakdown
- Employer generosity10.0 / 5020th percentile for employer $ per participant
- Low cost6.1 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving2.1 / 1514th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 25th |
| Employee saving | 14th |
| Peers that auto-enroll | 59% |
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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
- Northland Cable Television put in about $1,068 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.
- Direct plan expenses (0.48% 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 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 | $719,830 |
| Participant (employee) contributions | $2,671,020 |
| Other contributions (incl. rollovers in) | $20,030 |
| Administrative expenses paid from the plan | $117,361 |
| Investment advisory & management fees | $30,021 |
| Benefits paid out | $3,910,154 |
| Net assets, start / end of year | $23.2M / $25.8M |
| Active participants, start / end of year | 731 / 617 |
| Participants with account balances | 964 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PKF O'connor Davies, LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $87,340 reported compensation |
| RBC Wealth Management | $30,021 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250910171650NAL0013564371001, received 2025-09-10, EIN 91-1311836, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.