Action Environmental Group, Inc. 401(k) Review & Grade
Interstate Waste Services 401(k) Plan
Teaneck, NJAdministrative, Support & Staffing Services2,274 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$736Employer $ per active participant
$2,194Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$45.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity25.6 / 5051th percentile for employer $ per participant
- Low cost10.4 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 42th |
| Employee saving | 55th |
| Peers that auto-enroll | 27% |
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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 ($7,798 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
- Action Environmental Group put in about $736 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.
- 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.
- 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 | $1,673,001 |
| Participant (employee) contributions | $4,988,648 |
| Other contributions (incl. rollovers in) | $466,355 |
| Administrative expenses paid from the plan | $116,425 |
| Investment advisory & management fees | $116,425 |
| Benefits paid out | $2,145,521 |
| Net assets, start / end of year | $35.5M / $45.1M |
| Active participants, start / end of year | 2,029 / 2,518 |
| Participants with account balances | 1,014 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohn Reznick |
Largest service providers (Schedule C)
| Morgan Stanley | $95,783 reported compensation |
| Empower Advisory Group, LLC | $20,642 reported compensation |
| Interstate Waste Services Inc | $13,125 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260707181646NAL0015820723001, received 2026-07-07, EIN 27-3091166, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.