Backcountry.com, LLC 401(k) Review & Grade
Backcountry Group 401(k) Plan
Park City, UTRetail Trade1,166 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$980Employer $ per active participant
$2,896Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$43.6MNet plan assets, end of year
$22,876Average balance per account
Score breakdown
- Employer generosity30.4 / 5061th percentile for employer $ per participant
- Low cost7.5 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving7.3 / 1548th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 30th |
| Employee saving | 48th |
| Peers that auto-enroll | 48% |
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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
- Backcountry.com put in about $980 per active participant, more than the typical peer ($743). 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 (0.41% 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 | $1,142,227 |
| Participant (employee) contributions | $3,375,217 |
| Other contributions (incl. rollovers in) | $687,905 |
| Administrative expenses paid from the plan | $169,519 |
| Investment advisory & management fees | $16,496 |
| Benefits paid out | $6,658,274 |
| Net assets, start / end of year | $39.6M / $43.6M |
| Active participants, start / end of year | 1,212 / 1,119 |
| Participants with account balances | 1,908 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wsrp, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $154,809 reported compensation |
| Strategic Advisors, Inc. | $16,496 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926170114NAL0009609825001, received 2025-09-26, EIN 87-0659954, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.