3cloud LLC 401(k) Review & Grade
3cloud LLC 401(k) Plan
Downers Grove, ILProfessional, Scientific & Technical Services636 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,836Employer $ per active participant
$11,920Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$39.7MNet plan assets, end of year
$60,515Average balance per account
Score breakdown
- Employer generosity31.1 / 5062th percentile for employer $ per participant
- Low cost14.8 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1573th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 59th |
| Employee saving | 73th |
| 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
- 3cloud put in about $3,836 per active participant, more than the typical peer ($3,082). 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.
- 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 | $2,441,903 |
| Participant (employee) contributions | $7,587,115 |
| Other contributions (incl. rollovers in) | $1,555,907 |
| Administrative expenses paid from the plan | $58,813 |
| Contract administrator fees | $9,450 |
| Benefits paid out | $6,117,441 |
| Net assets, start / end of year | $29.3M / $39.7M |
| Active participants, start / end of year | 647 / 626 |
| Participants with account balances | 656 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cassell Plan Audits, Inc. |
Largest service providers (Schedule C)
| Mesirow Financial Inc. | $39,982 reported compensation |
| Hessel & Associates LLC | $12,050 reported compensation |
| Capital Group Retirement Plan Servi | $9,381 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904143344NAL0016376001001, received 2025-09-04, EIN 81-3528527, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.