1661, Inc. DBA Goat 401(k) Review & Grade
Goat 401(k) Plan
Los Angeles, CARetail Trade966 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$0Employer $ per active participant
$7,387Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$34.8MNet plan assets, end of year
$32,680Average balance per account
Score breakdown
- Employer generosity2.6 / 505th percentile for employer $ per participant
- Low cost6.9 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving14.5 / 1597th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 5th |
| Lower admin cost | 28th |
| Employee saving | 97th |
| Peers that auto-enroll | 48% |
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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
- 1661, Inc. DBA Goat put in about $0 per active participant, below the typical peer ($743). 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 (0.43% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $14 |
| Participant (employee) contributions | $7,139,642 |
| Other contributions (incl. rollovers in) | $1,001,342 |
| Administrative expenses paid from the plan | $130,652 |
| Benefits paid out | $3,213,297 |
| Net assets, start / end of year | $25.4M / $34.8M |
| Active participants, start / end of year | 998 / 935 |
| Participants with account balances | 1,066 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $130,652 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250729144046NAL0002953009001, received 2025-07-29, EIN 27-1171406, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.