Chalk Mountain Services of Texas, LLC 401(k) Review & Grade
Chalk Mountain Services of Texas, LLC 401(k) Plan
Fort Worth, TXTransportation & Warehousing707 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,614Employer $ per active participant
$2,716Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$15.0MNet plan assets, end of year
$35,472Average balance per account
Score breakdown
- Employer generosity32.5 / 5065th percentile for employer $ per participant
- Low cost5.6 / 2522th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 22th |
| Employee saving | 45th |
| Peers that auto-enroll | 37% |
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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
- Chalk Mountain Services of Texas put in about $1,614 per active participant, more than the typical peer ($1,070). 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 (0.51% 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 | $1,141,249 |
| Participant (employee) contributions | $1,920,323 |
| Other contributions (incl. rollovers in) | $112,926 |
| Administrative expenses paid from the plan | $69,688 |
| Investment advisory & management fees | $8,415 |
| Other admin expenses | $3,226 |
| Benefits paid out | $1,852,325 |
| Net assets, start / end of year | $12.2M / $15.0M |
| Active participants, start / end of year | 690 / 724 |
| Participants with account balances | 423 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Armanino, LLP |
Largest service providers (Schedule C)
| Bokf, NA | $69,688 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010183402NAL0004460291001, received 2025-10-10, EIN 20-5470208, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.