Vroom Automotive Finance 401(k) match, vesting and fees
What Vroom Automotive Finance's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Wright Ford Young & Co. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 658 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Vroom Automotive Finance: employer contribution per participant | $1,297 | |
| Peer median | $2,935 |
| Vroom Automotive Finance: average balance | $38,907 | |
| Peer median | $92,585 |
| Vroom Automotive Finance: admin expenses ÷ assets | 0.51% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $25.9M at the end of plan year 2023 to $29.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 808 | $29.2M | $974K | $1,297 | 0.51% | Not published | Form 5500 ↗ |
| 2023 | 830 | $25.9M | $841K | $1,074 | 0.56% | Not published | Form 5500 ↗ |
Common questions
Does Vroom Automotive Finance match 401(k) contributions?
The match terms for the Vroom Automotive Finance Corporation 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $974K in employer contributions, about $1,297 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vroom Automotive Finance 401(k) match vested?
The vesting schedule for the Vroom Automotive Finance Corporation 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vroom Automotive Finance 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Vroom Automotive Finance Corp..
I left Vroom Automotive Finance. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vroom Automotive Finance Corp., (949) 224-1917) or the recordkeeper, Voya Retirement Insurance & Annuity. The Vroom Automotive Finance old 401(k) page lists the contacts from every plan filing. Find an old Vroom Automotive Finance 401(k)
Data from the public Form 5500 annual reports Vroom Automotive Finance filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Vroom Automotive Finance. Not financial advice. Report a correction · Methodology