Vortex Industries, LLC 401(k) Review & Grade
Vortex Employees 401(k) Plan
Irvine, CAConstruction886 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,268Employer $ per active participant
$3,773Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$37.4MNet plan assets, end of year
$44,618Average balance per account
Score breakdown
- Employer generosity19.7 / 5039th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 39th |
| Lower admin cost | 33th |
| Employee saving | 48th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,456 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Vortex Industries put in about $1,268 per active participant, below the typical peer ($1,672). 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 (0.37% 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.
- 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 | $1,123,130 |
| Participant (employee) contributions | $3,340,854 |
| Other contributions (incl. rollovers in) | $598,955 |
| Administrative expenses paid from the plan | $125,456 |
| Investment advisory & management fees | $39,272 |
| Other admin expenses | $7,500 |
| Benefits paid out | $3,731,010 |
| Net assets, start / end of year | $30.6M / $37.4M |
| Active participants, start / end of year | 731 / 1,040 |
| Participants with account balances | 839 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | LSL, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $63,184 reported compensation |
| Gallagher Fiduciary Advisors LLC | $30,000 reported compensation |
| Strategic Advisors, Inc. | $16,772 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015102147NAL0009052386001, received 2025-10-15, EIN 95-2761304, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.