Abc Group Holdings, Inc. 401(k) Review & Grade
Abc Technologies 401(k) Plan
Southfield, MIManufacturing3,490 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,080Employer $ per active participant
$1,943Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$73.2MNet plan assets, end of year
$35,453Average balance per account
Score breakdown
- Employer generosity6.1 / 5012th percentile for employer $ per participant
- Low cost4.6 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score12 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 18th |
| Employee saving | 7th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($157,908 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Abc Group Holdings put in about $1,080 per active participant, below the typical peer ($3,452). 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 (0.36% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,768,144 |
| Participant (employee) contributions | $6,782,418 |
| Other contributions (incl. rollovers in) | $1,898,479 |
| Administrative expenses paid from the plan | $242,301 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $2,757 |
| Other admin expenses | $84,325 |
| Benefits paid out | $12,862,055 |
| Net assets, start / end of year | $62.0M / $73.2M |
| Active participants, start / end of year | 2,560 / 4,421 |
| Participants with account balances | 2,065 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $130,319 reported compensation |
| Highland Consulting Associartes, I | $75,223 reported compensation |
| Pension Assurance LLP | $25,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015104712NAL0002269779001, received 2025-10-15, EIN 62-1364495, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.