Breakthru Beverage Group, LLC 401(k) Review & Grade
Breakthru Beverage Group 40 L(K) Plan
New York, NYWholesale Trade7,070 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,529Employer $ per active participant
$4,813Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$768.8MNet plan assets, end of year
$129,257Average balance per account
Score breakdown
- Employer generosity14.7 / 5029th percentile for employer $ per participant
- Low cost13.1 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 29th |
| Lower admin cost | 53th |
| Employee saving | 38th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $31,218 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Breakthru Beverage Group put in about $1,529 per active participant, below the typical peer ($2,459). 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.
- 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.
- 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 | $10,808,243 |
| Participant (employee) contributions | $34,023,734 |
| Other contributions (incl. rollovers in) | $3,766,437 |
| Administrative expenses paid from the plan | $787,559 |
| Contract administrator fees | $2,100 |
| Investment advisory & management fees | $156,485 |
| Other admin expenses | $76,919 |
| Benefits paid out | $87,697,135 |
| Net assets, start / end of year | $609.1M / $768.8M |
| Active participants, start / end of year | 6,257 / 7,882 |
| Participants with account balances | 5,948 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ellin & Tucker, Chartered |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $435,664 reported compensation |
| Strategic Advisors, Inc. | $156,485 reported compensation |
| Smith and Downey P.A | $85,510 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015093506NAL0004192481001, received 2025-10-15, EIN 35-2545107, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.