Vitaquest International LLC 401(k) Review & Grade
Vitaquest International LLC 401(k) Savings Plan
West Caldwell, NJManufacturing602 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,635Employer $ per active participant
$4,994Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$65.8MNet plan assets, end of year
$79,483Average balance per account
Score breakdown
- Employer generosity28.2 / 5056th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1552th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 33th |
| Employee saving | 52th |
| 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
- Vitaquest International put in about $2,635 per active participant, more than the typical peer ($2,320). 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.
- Direct plan expenses (0.37% 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 | $1,586,506 |
| Participant (employee) contributions | $3,006,378 |
| Other contributions (incl. rollovers in) | $274,385 |
| Administrative expenses paid from the plan | $235,539 |
| Contract administrator fees | $14,425 |
| Investment advisory & management fees | $3,805 |
| Benefits paid out | $6,564,204 |
| Net assets, start / end of year | $61.5M / $65.8M |
| Active participants, start / end of year | 577 / 627 |
| Participants with account balances | 828 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $197,177 reported compensation |
| Prime Pensions, Inc. | $33,029 reported compensation |
| Forvis Mazars, LLP | $20,132 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929134240NAL0026894850001, received 2025-09-29, EIN 20-2319461, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.