All-Pro Reconditioning 401(k) Review & Grade
All-Pro Reconditioning 401(k) Plan
Houston, TXOther Services876 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$534Employer $ per active participant
$904Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$5.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity14.9 / 5030th percentile for employer $ per participant
- Low cost6.8 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 27th |
| Employee saving | 22th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $60 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- All-Pro Reconditioning put in about $534 per active participant, below the typical peer ($1,257). 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 (0.44% 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 | $467,847 |
| Participant (employee) contributions | $792,665 |
| Other contributions (incl. rollovers in) | $71,498 |
| Administrative expenses paid from the plan | $19,722 |
| Investment advisory & management fees | $476 |
| Benefits paid out | $484,248 |
| Net assets, start / end of year | $3.8M / $5.2M |
| Active participants, start / end of year | 865 / 888 |
| Participants with account balances | 225 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricekubecka PLLC |
Largest service providers (Schedule C)
| Adp, Inc. | $19,721 reported compensation |
| LPL Financial | $0 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250806201951NAL0003119201001, received 2025-08-06, EIN 26-4171636, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.