Cleveland Brothers Holdings, Inc. 401(k) Review & Grade
Cleveland Brothers Retirement Plan
Harrisburg, PAWholesale Trade1,157 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,854Employer $ per active participant
$6,934Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$283.8MNet plan assets, end of year
$150,776Average balance per account
Score breakdown
- Employer generosity44.4 / 5089th percentile for employer $ per participant
- Low cost20.7 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1579th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score87 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 83th |
| Employee saving | 79th |
| Peers that auto-enroll | 53% |
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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
- Cleveland Brothers Holdings put in about $4,854 per active participant, more than the typical peer ($1,792). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,616,405 |
| Participant (employee) contributions | $8,022,433 |
| Other contributions (incl. rollovers in) | $515,362 |
| Administrative expenses paid from the plan | $178,510 |
| Other admin expenses | $178,510 |
| Benefits paid out | $24,168,957 |
| Net assets, start / end of year | $259.9M / $283.8M |
| Active participants, start / end of year | 1,131 / 1,183 |
| Participants with account balances | 1,882 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US, LLP |
Largest service providers (Schedule C)
| Vanguard Advisers Inc. | $166,960 reported compensation |
| The Vanguard Group, Inc. | $12,890 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013090842NAL0002156994001, received 2025-10-13, EIN 20-3561796, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.