Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Vestwell
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 58 retirement plans with 100 or more participants reported paying Vestwell $5,000 or more. Those plans cover 24,382 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $1.2M. Per plan, the median was $69.84 per participant, with the middle half of plans between $39.27 and $138. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (16), New York (6) and Texas (6).
In 2019 it appeared on 6 such filings; in 2024, 57. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $39.27 | $69.84 | $138 |
| Compensation as a share of plan net assets | 0.28% | 0.81% | 3.1% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Warners Food Management Inc. 401(k) Plan | Warners Food Management Inc. | CA | 3,230 | $1.1M | $34K |
| Armhr 401(k) Retirement Plan | Armhr, LLC | NY | 2,637 | $45.8M | $115K |
| Ambrosia QSR Support Center, LLC 401(k) Plan | Ambrosia QSR Support Center, LLC | WA | 2,514 | $5.2M | $67K |
| Special Service for Groups, Inc. 403(b) Plan | Special Service for Groups, Inc. | CA | 2,138 | $74.7M | $20K |
| Guapos United Retirement Plan | Guapos United Group Inc. | VA | 955 | $11K | $260 |
| Coje, LLC 401(k) Plan | Coje, LLC d/b/a Coje Management Group | MA | 759 | $3.4M | $105K |
| Thistle Health Inc. 401(k) Plan | Thistle Health Inc. | CA | 676 | $2.0M | $34K |
| Kaizen Auto Group 401(k) Plan | Kaizen Resources, Inc. | CA | 608 | $2.4M | $32K |
| Vestwell Holdings, Inc. 401(k) Plan | Vestwell Holdings, Inc. | NY | 570 | $23.8M | $15K |
| Griffin Family of Companies 401(k) Plan | Griffin Enterprises L.C. | UT | 557 | $1.5M | $62K |
| Fivespice LLC 401(k) Plan | Fivespice LLC | OR | 444 | $437K | $17K |
| North Atlantic Imports, LLC 401(k) Plan | North Atlantic Imports, LLC | UT | 421 | $4.9M | $2,033 |
| Tampa Bay Treatment Associates, LLC 401(k) Plan | Tampa Bay Treatment Associates, LLC | FL | 410 | $1.3M | $3,456 |
| Phillips' Companies 401(k) Plan | The Villas of Holly Brook Senior Living, LLC | IL | 379 | $4.3M | $70K |
| Total Expert, Inc. 401(k) Plan | Total Expert, Inc. | MN | 377 | $18.0M | $54K |
| Solvis Employment Services 401(k) Plan | Job Pro Staffing Inc. d/b/a Solvis Employment Services | CA | 372 | $83K | $32K |
| Archco Family Restaurants, LLC / Archco Albany, LLC 401(k) Plan | Archco Family Restaurants, LLC / Archco Albany, LLC | CO | 371 | $447K | $20K |
| Neuronetics, Inc. 401(k) Retirement Savings Plan | Neuronetics, Inc. | PA | 314 | $16.3M | $0 |
| BLVD Residential Inc. 401(k) Plan | BLVD Residential Inc. | CA | 297 | $2.4M | $21K |
| Middle Tree Incorporated 403(b) Plan | Middle Tree Incorporated | CA | 262 | $126K | $17K |
| Simple Management Group Inc. 401(k) Plan | Simple Management Group Inc. | FL | 252 | $3.2M | $0 |
| Ability Homecare 401(k) Plan | Ability Homecare, Inc. DBA Ability Homecare | TX | 233 | $3.7M | $30K |
| Scratch Restaurants Group LLC 401(k) Plan | Scratch Restaurants Group LLC | CA | 230 | $1.1M | $4,478 |
| Swingers - Institute of Competitive Socialising 401(k) Plan | Competitive Socialising US, LLC | NY | 208 | $816K | $0 |
| Chelsea Hotel F&B LLC 401(k) Plan | Chelsea Hotel F&B LLC | NY | 198 | $522K | $0 |
| Spark Team Associates One 401(k) Plan | Amergent Hospitality Group Inc. | NC | 194 | $50 | $46K |
| Anthesis 401(k) Plan & Trust | Anthesis LLC | CO | 193 | $8.3M | $36K |
| Sunday Hospitality 401(k) Plan | Wheelbarrow Todd LLC DBA Sunday Hospitality | NY | 192 | $769K | $0 |
| Oceanside Supported Living, Inc. 401(k) Plan | Oceanside Supported Living, Inc. | CA | 189 | $289K | $8,055 |
| Praetorian Security, Inc. 401(k) Plan | Praetorian Group, Inc. | TX | 188 | $11.8M | $11K |
| Praetorian Security, Inc. 401(k) Plan | Praetorian Security, Inc. | TX | 188 | $11.8M | $11K |
| Hallmark Health Care Solutions Inc. 401(k) Plan | Hallmark Health Care Solutions Inc. | MA | 186 | $2.8M | $3,993 |
| Aac Education Services LLC. 401(k) Plan | Aac Education Services, LLC. d/b/a All Around Children | OH | 179 | $705K | $27K |
| Genesis Research 401(k) Plan | Genesis Research LLC | NJ | 176 | $14.7M | $19K |
| Cediel Concession Management 401(k) Plan | Cediel Concession Management | TX | 163 | $159K | $5,276 |
| Golf Suites Inc. 401(k) Plan | Golf Suites Inc. | TX | 162 | $43K | $6,361 |
| Rego Consulting Corporation 401(k) Plan | Rego Consulting Corporation | UT | 161 | $19.4M | $2,454 |
| Medbridge 401(k) Plan | Medbridge Development Company LP | CA | 159 | $4.3M | $0 |
| Group Five Investments, LLC 401(k) Plan | Group Five Investments, LLC | VT | 157 | $581K | $9,394 |
| First Media 401(k) Plan | BFTV Inc. DBA First Media | CA | 155 | $3.2M | $14K |
Questions and answers
How many plans does Vestwell serve?
58 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Vestwell?
The median plan reported $69.84 per participant in direct and indirect compensation (49 plans reporting an amount), or 0.81% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Contract Administrator (58 plans), Investment advisory (plan) (57 plans) and Recordkeeping and information management (1 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.