Apco Holdings, LLC 401(k) Review & Grade

Apco Holdings 401(k) Plan

Norcross, GAFinance & Insurance660 active participantsPlan year 2024✓ Auto-enroll

Estimate from the plan's Form 5500 filing · How we grade

$1,492Employer $ per active participant

$9,340Employee $ saved per active participant

0.37%Direct admin cost, % of plan assets

$64.4MNet plan assets, end of year

$66,820Average balance per account

Score breakdown

Employer generosity7.0 / 50
14th percentile for employer $ per participant
Low cost8.2 / 25
33th percentile for low admin cost vs. same-size plans
Employee saving10.7 / 15
71th percentile for employee $ per participant
Plan features10 / 10
Auto-enrollment, Default investment
Red-flag deductions-13 pts
2 issues reported on the filing

Total score23 / 100 · Grade F

This plan vs. peers

Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).

Measure	Percentile
Employer $ per participant	14th
Lower admin cost	33th
Employee saving	71th
Peers that auto-enroll	62%

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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 ($1,421,578 reported). That's money taken from paychecks that sat with the employer longer than the law allows.

Corrective distributions: the plan refunded $136 in contributions, which usually means it failed annual nondiscrimination testing.

What to do if you're in this plan

Apco Holdings put in about $1,492 per active participant, below the typical peer ($3,606). 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 (0.37% 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.
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	$983,962
Participant (employee) contributions	$6,159,519
Other contributions (incl. rollovers in)	$1,083,713
Administrative expenses paid from the plan	$202,128
Investment advisory & management fees	$76,270
Other admin expenses	$28,450
Benefits paid out	$5,451,239
Net assets, start / end of year	$43.8M / $64.4M
Active participants, start / end of year	467 / 852
Participants with account balances	964
Auto-enrollment (feature code 2S)	Yes
Auditor	Williams Benator & Libby, LLP

Largest service providers (Schedule C)

Fidelity Investments Institutional	$94,598 reported compensation
Onedigital Investment Advisors LLC	$72,106 reported compensation
Strategic Advisors, Inc.	$29,561 reported compensation

Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015075259NAL0002081251001, received 2025-10-15, EIN 77-0674830, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.