Ace Endico Corp. 401(k) Review & Grade
Ace Endico Corp. 401(k) Plan
Brewster, NYAccommodation & Food Services656 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,453Employer $ per active participant
$5,043Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$33.5MNet plan assets, end of year
$50,784Average balance per account
Score breakdown
- Employer generosity46.2 / 5092th percentile for employer $ per participant
- Low cost9.3 / 2537th 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 score80 / 100 · Grade A
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 37th |
| Employee saving | 97th |
| Peers that auto-enroll | 17% |
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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
- Ace Endico put in about $1,453 per active participant, more than the typical peer ($266). 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.
- 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 | $952,888 |
| Participant (employee) contributions | $3,308,195 |
| Other contributions (incl. rollovers in) | $1,027,069 |
| Administrative expenses paid from the plan | $99,472 |
| Other admin expenses | $25,000 |
| Benefits paid out | $1,914,420 |
| Net assets, start / end of year | $26.7M / $33.5M |
| Active participants, start / end of year | 605 / 707 |
| Participants with account balances | 659 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Caron and Bletzer PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $59,984 reported compensation |
| Stone Hill Fiduciary Management LL | $25,000 reported compensation |
| Caron and Bletzer, PLLC | $14,488 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250516075754NAL0013946227001, received 2025-05-16, EIN 13-3116470, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.