Clarion Home Services Group LLC 401(k) Review & Grade
Clarion Home Services Group 401(k) Plan
Lake Forest, ILConstruction607 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,819Employer $ per active participant
$3,696Employee $ saved per active participant
0.59%Direct admin cost, % of plan assets
$15.0MNet plan assets, end of year
$34,584Average balance per account
Score breakdown
- Employer generosity27.0 / 5054th percentile for employer $ per participant
- Low cost4.4 / 2518th 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-13 pts2 issues reported on the filing
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 54th |
| Lower admin cost | 18th |
| Employee saving | 47th |
| Peers that auto-enroll | 44% |
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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 ($231,326 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,604 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Clarion Home Services Group put in about $1,819 per active participant, more than the typical peer ($1,672). 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 (0.59% 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 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 | $1,104,428 |
| Participant (employee) contributions | $2,243,210 |
| Other contributions (incl. rollovers in) | $202,977 |
| Administrative expenses paid from the plan | $73,124 |
| Contract administrator fees | $24,331 |
| Investment advisory & management fees | $26,980 |
| Benefits paid out | $3,647,459 |
| Net assets, start / end of year | $9.6M / $15.0M |
| Active participants, start / end of year | 596 / 618 |
| Participants with account balances | 435 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Newport Group, Inc | $42,214 reported compensation |
| Northwestern Mutual | $26,879 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260810085043NAL0006777747001, received 2026-08-10, EIN 84-5036277, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.