Venezia Transport Services, Inc. 401(k) Review & Grade
Venezia Transport Service, Inc. Savings and Protection Plan
Pottstown, PATransportation & Warehousing780 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$906Employer $ per active participant
$2,891Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$23.1MNet plan assets, end of year
$21,842Average balance per account
Score breakdown
- Employer generosity22.6 / 5045th percentile for employer $ per participant
- Low cost7.3 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving7.1 / 1547th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 29th |
| Employee saving | 47th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,077 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Venezia Transport Services put in about $906 per active participant, below the typical peer ($1,070). 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 (0.41% 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 | $706,425 |
| Participant (employee) contributions | $2,253,830 |
| Other contributions (incl. rollovers in) | $153,191 |
| Administrative expenses paid from the plan | $89,814 |
| Investment advisory & management fees | $20,407 |
| Benefits paid out | $2,858,533 |
| Net assets, start / end of year | $20.4M / $23.1M |
| Active participants, start / end of year | 722 / 837 |
| Participants with account balances | 1,057 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Maillie LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $69,407 reported compensation |
| Wells Fargo Clearing Services LLC | $20,407 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923083343NAL0007061952001, received 2025-09-23, EIN 23-2364297, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.