Vizient, Inc. 401(k) Review & Grade
Vizient 401(k) Savings Plan
Irving, TXOther Services4,681 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,014Employer $ per active participant
$13,497Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$1.1BNet plan assets, end of year
$182,071Average balance per account
Score breakdown
- Employer generosity46.3 / 5093th percentile for employer $ per participant
- Low cost16.9 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1595th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Other Services plans with 2,500–9,999 active participants (42 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 68th |
| Employee saving | 95th |
| Peers that auto-enroll | 45% |
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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
- Vizient put in about $5,014 per active participant, more than the typical peer ($1,132). 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.
- 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 | $23,468,499 |
| Participant (employee) contributions | $63,178,401 |
| Other contributions (incl. rollovers in) | $6,564,797 |
| Administrative expenses paid from the plan | $770,336 |
| Benefits paid out | $126,768,370 |
| Net assets, start / end of year | $1.0B / $1.1B |
| Active participants, start / end of year | 4,733 / 4,629 |
| Participants with account balances | 6,115 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton, LLP |
Largest service providers (Schedule C)
| Vanguard | $770,336 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003070301NAL0001114177001, received 2025-10-03, EIN 38-2182248, plan #335, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.