Ravago Americas, LLC 401(k) Review & Grade
Ravago Americas 401(k) Savings and Profit Sharing Plan
Orlando, FLWholesale Trade1,916 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,429Employer $ per active participant
$7,431Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$273.9MNet plan assets, end of year
$119,338Average balance per account
Score breakdown
- Employer generosity45.3 / 5091th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-23 pts3 issues reported on the filing
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 75th |
| Employee saving | 82th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($71,261 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $862 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ravago Americas put in about $5,429 per active participant, more than the typical peer ($1,792). 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $10,404,749 |
| Participant (employee) contributions | $14,240,819 |
| Other contributions (incl. rollovers in) | $2,972,200 |
| Administrative expenses paid from the plan | $244,119 |
| Investment advisory & management fees | $136,470 |
| Benefits paid out | $25,101,286 |
| Net assets, start / end of year | $237.6M / $273.9M |
| Active participants, start / end of year | 1,542 / 2,291 |
| Participants with account balances | 2,295 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frazier & Deeter |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $107,649 reported compensation |
| Strategic Advisors, Inc. | $80,970 reported compensation |
| Merrill Lynch | $55,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015102828NAL0002243091001, received 2025-10-15, EIN 84-1652221, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.