Action Enterprise Holdings, LLC 401(k) Review & Grade
Action Enterprise 401(k) Plan
Birmingham, ALAdministrative, Support & Staffing Services500 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,710Employer $ per active participant
$2,941Employee $ saved per active participant
0.62%Direct admin cost, % of plan assets
$15.9MNet plan assets, end of year
$52,245Average balance per account
Score breakdown
- Employer generosity43.1 / 5086th percentile for employer $ per participant
- Low cost4.1 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving9.4 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 16th |
| Employee saving | 62th |
| Peers that auto-enroll | 27% |
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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
- Action Enterprise Holdings put in about $2,710 per active participant, more than the typical peer ($712). 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.
- Direct plan expenses (0.62% of assets) are well above similar-size plans (0.23%). 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 | $1,354,865 |
| Participant (employee) contributions | $1,470,666 |
| Other contributions (incl. rollovers in) | $295,241 |
| Administrative expenses paid from the plan | $90,822 |
| Contract administrator fees | $90,822 |
| Benefits paid out | $2,332,829 |
| Net assets, start / end of year | $13.4M / $15.9M |
| Active participants, start / end of year | 523 / 477 |
| Participants with account balances | 304 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pearce, Bevill, Leesburg, Moore, PC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $66,205 reported compensation |
| Kestra Investment Services LLC | $24,108 reported compensation |
| Retirement Solutions Specialists | $11,277 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014101207NAL0001208403001, received 2025-10-14, EIN 82-3184072, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.