Clean-Tech Company 401(k) Review & Grade
Hes Facilities, WFF Facilities, & Clean-Tech Company 401(k) Plan
ST. Louis, MOAdministrative, Support & Staffing Services2,501 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$13Employer $ per active participant
$165Employee $ saved per active participant
2.38%Direct admin cost, % of plan assets
$2.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.9 / 5014th percentile for employer $ per participant
- Low cost0.1 / 251th percentile for low admin cost vs. same-size plans
- Employee saving2.1 / 1514th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 14th |
| Lower admin cost | 1th |
| Employee saving | 14th |
| Peers that auto-enroll | 22% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($406,017 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
- Clean-Tech put in about $13 per active participant, below the typical peer ($342). 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 (2.38% 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 | $31,873 |
| Participant (employee) contributions | $412,160 |
| Other contributions (incl. rollovers in) | $18,046 |
| Administrative expenses paid from the plan | $48,868 |
| Contract administrator fees | $48,868 |
| Benefits paid out | $616,571 |
| Net assets, start / end of year | $2.0M / $2.1M |
| Active participants, start / end of year | 2,455 / 2,547 |
| Participants with account balances | 184 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lorady CPA, PLLC |
Largest service providers (Schedule C)
| Erisa Services Inc | $31,908 reported compensation |
| Empower Annuity Insurance Company | $13,654 reported compensation |
| JP Morgan Broker Dealer | $10,258 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251205140833NAL0002173059001, received 2025-12-05, EIN 43-0912455, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.