C&b Operations, LLC 401(k) Review & Grade
C&b Operations, LLC Retirement Savings Plan
Gettysburg, SDRetail Trade1,026 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,556Employer $ per active participant
$8,477Employee $ saved per active participant
0.42%Direct admin cost, % of plan assets
$68.9MNet plan assets, end of year
$60,292Average balance per account
Score breakdown
- Employer generosity49.2 / 5098th percentile for employer $ per participant
- Low cost7.3 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 29th |
| Employee saving | 98th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- C&b Operations put in about $4,556 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 (0.42% 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.
- 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 | $4,676,339 |
| Participant (employee) contributions | $8,701,593 |
| Other contributions (incl. rollovers in) | $1,509,051 |
| Administrative expenses paid from the plan | $297,187 |
| Contract administrator fees | $297,187 |
| Benefits paid out | $11,413,344 |
| Net assets, start / end of year | $74.2M / $68.9M |
| Active participants, start / end of year | 1,073 / 980 |
| Participants with account balances | 1,142 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eide Bailly, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $297,187 reported compensation |
| Principal Securities Inc | $136,610 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013090710NAL0002247058001, received 2025-10-13, EIN 41-1992021, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.