4m Building Solutions, Inc. 401(k) Review & Grade
4m Building Solutions Retirement Savings Plan
ST. Louis, MOAdministrative, Support & Staffing Services4,836 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$40Employer $ per active participant
$153Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$5.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity11.3 / 5023th percentile for employer $ per participant
- Low cost6.0 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score19 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 24th |
| Employee saving | 12th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Corrective distributions: the plan refunded $169,258 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- 4m Building Solutions put in about $40 per active participant, below the typical peer ($342). 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 (0.29% of assets) are well above similar-size plans (0.12%). 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 | $192,980 |
| Participant (employee) contributions | $742,126 |
| Other contributions (incl. rollovers in) | $47,259 |
| Administrative expenses paid from the plan | $12,910 |
| Contract administrator fees | $10,810 |
| Benefits paid out | $541,044 |
| Net assets, start / end of year | $3.3M / $5.7M |
| Active participants, start / end of year | 4,225 / 5,447 |
| Participants with account balances | 401 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Stancorp Financial Group | $37,414 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014143746NAL0006366498001, received 2025-10-14, EIN 43-1147598, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.