Clubessential Holdings, LLC 401(k) Review & Grade
Clubessential Holdings, LLC 401(k) Plan
Blue Ash, OHInformation538 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,518Employer $ per active participant
$5,240Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$24.4MNet plan assets, end of year
$51,854Average balance per account
Score breakdown
- Employer generosity21.4 / 5043th percentile for employer $ per participant
- Low cost12.0 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 48th |
| Employee saving | 24th |
| Peers that auto-enroll | 59% |
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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
- Clubessential Holdings put in about $2,518 per active participant, below the typical peer ($2,829). 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.
- 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.
- 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 | $1,354,516 |
| Participant (employee) contributions | $2,819,277 |
| Other contributions (incl. rollovers in) | $430,193 |
| Administrative expenses paid from the plan | $51,839 |
| Contract administrator fees | $4,089 |
| Investment advisory & management fees | $30,222 |
| Benefits paid out | $966,431 |
| Net assets, start / end of year | $17.9M / $24.4M |
| Active participants, start / end of year | 559 / 517 |
| Participants with account balances | 470 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Barnes Dennig |
Largest service providers (Schedule C)
| Horan Securities Inc. | $30,222 reported compensation |
| Newport Group, Inc. | $12,439 reported compensation |
| Newport Trust Company | $9,178 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015083907NAL0008362546001, received 2025-10-15, EIN 81-3166532, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.