5.11, Inc. 401(k) Review & Grade
5.11, Inc. 401(k) Profit Sharing Plan
Costa Mesa, CAWholesale Trade934 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,182Employer $ per active participant
$4,155Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$48.5MNet plan assets, end of year
$65,667Average balance per account
Score breakdown
- Employer generosity15.4 / 5031th percentile for employer $ per participant
- Low cost9.0 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving6.3 / 1542th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 36th |
| Employee saving | 42th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Corrective distributions: the plan refunded $208,245 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- 5.11 put in about $1,182 per active participant, below the typical peer ($1,792). 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.
- 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 | $1,104,623 |
| Participant (employee) contributions | $3,883,129 |
| Other contributions (incl. rollovers in) | $107,153 |
| Administrative expenses paid from the plan | $153,687 |
| Investment advisory & management fees | $90,065 |
| Benefits paid out | $4,715,692 |
| Net assets, start / end of year | $41.9M / $48.5M |
| Active participants, start / end of year | 866 / 1,003 |
| Participants with account balances | 738 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Holthouse Carlin & Van Trigt LLP |
Largest service providers (Schedule C)
| The Baldwin Group Wealth Advisors | $90,065 reported compensation |
| Fidelity Investments Institutional | $51,272 reported compensation |
| Holthouse Carlin & Van Trigt LLP | $12,350 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821121107NAL0007349168001, received 2025-08-21, EIN 61-1443499, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.