Vecellio Group, Inc. 401(k) Review & Grade
Vecellio Group, Inc. Retirement Savings Plan
West Palm Beach, FLConstruction1,174 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,899Employer $ per active participant
$5,518Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$93.9MNet plan assets, end of year
$66,961Average balance per account
Score breakdown
- Employer generosity28.4 / 5057th percentile for employer $ per participant
- Low cost14.9 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving10.7 / 1571th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 59th |
| Employee saving | 71th |
| Peers that auto-enroll | 44% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Vecellio Group put in about $1,899 per active participant, more than the typical peer ($1,672). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $2,229,903 |
| Participant (employee) contributions | $6,480,463 |
| Other contributions (incl. rollovers in) | $702,225 |
| Administrative expenses paid from the plan | $151,221 |
| Investment advisory & management fees | $14,594 |
| Benefits paid out | $10,661,699 |
| Net assets, start / end of year | $84.3M / $93.9M |
| Active participants, start / end of year | 1,178 / 1,171 |
| Participants with account balances | 1,402 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Templeton and Company, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $136,627 reported compensation |
| Empower Advisory Group, LLC | $14,594 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014121027NAL0005844562001, received 2025-10-14, EIN 22-3884861, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.