Champions Group 401(k) Review & Grade
Champions Group 401(k) Plan
Brea, CAConstruction1,574 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$932Employer $ per active participant
$3,683Employee $ saved per active participant
0.40%Direct admin cost, % of plan assets
$42.1MNet plan assets, end of year
$46,421Average balance per account
Score breakdown
- Employer generosity14.9 / 5030th percentile for employer $ per participant
- Low cost7.6 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving7.1 / 1547th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 30th |
| Employee saving | 47th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,772 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Champions Group put in about $932 per active participant, below the typical peer ($1,672). 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 (0.40% 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 | $1,467,292 |
| Participant (employee) contributions | $5,799,060 |
| Other contributions (incl. rollovers in) | $729,643 |
| Administrative expenses paid from the plan | $151,342 |
| Investment advisory & management fees | $46,493 |
| Other admin expenses | $5,179 |
| Benefits paid out | $3,588,794 |
| Net assets, start / end of year | $33.3M / $42.1M |
| Active participants, start / end of year | 1,520 / 1,629 |
| Participants with account balances | 906 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $99,670 reported compensation |
| Sageview Advisory Group LLC | $51,672 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014142510NAL0003011297001, received 2025-10-14, EIN 33-0896958, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.