Cca Industries, Inc. 401(k) Review & Grade
Cca Industries, Inc. 401(k) Profit Sharing Plan
Richmond, VAAccommodation & Food Services2,930 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,284Employer $ per active participant
$2,360Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$139.1MNet plan assets, end of year
$63,780Average balance per account
Score breakdown
- Employer generosity47.1 / 5094th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving13.3 / 1588th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 35th |
| Employee saving | 88th |
| Peers that auto-enroll | 15% |
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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 ($3,195 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Cca Industries put in about $1,284 per active participant, more than the typical peer ($244). 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 (0.20% 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.
- 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 | $3,761,845 |
| Participant (employee) contributions | $6,914,189 |
| Other contributions (incl. rollovers in) | $643,576 |
| Administrative expenses paid from the plan | $261,520 |
| Investment advisory & management fees | $15,494 |
| Other admin expenses | $75,353 |
| Benefits paid out | $10,733,807 |
| Net assets, start / end of year | $122.5M / $139.1M |
| Active participants, start / end of year | 2,812 / 3,048 |
| Participants with account balances | 2,181 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Keiter |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $158,287 reported compensation |
| Captrust | $75,353 reported compensation |
| Strategic Advisors, Inc. | $15,494 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904124805NAL0016290545001, received 2025-09-04, EIN 54-1480927, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.