Blue Compass RV, LLC 401(k) Review & Grade
Blue Compass RV, LLC 401(k) Plan
Fort Lauderdale, FLRetail Trade3,141 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$58Employer $ per active participant
$1,255Employee $ saved per active participant
0.52%Direct admin cost, % of plan assets
$23.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.0 / 506th percentile for employer $ per participant
- Low cost3.1 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1531th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 12th |
| Employee saving | 31th |
| Peers that auto-enroll | 42% |
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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
- Blue Compass RV put in about $58 per active participant, below the typical peer ($650). 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 (0.52% of assets) are well above similar-size plans (0.12%). 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 | $181,304 |
| Participant (employee) contributions | $3,941,541 |
| Other contributions (incl. rollovers in) | $641,232 |
| Administrative expenses paid from the plan | $112,616 |
| Contract administrator fees | $112,616 |
| Benefits paid out | $4,192,210 |
| Net assets, start / end of year | $20.2M / $23.4M |
| Active participants, start / end of year | 3,218 / 3,064 |
| Participants with account balances | 911 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bas Partners, D/B/A A. Porter CPA |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $116,440 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013205529NAL0004065362001, received 2025-10-13, EIN 86-1629583, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.