Copper State Bolt & Nut Co., Inc. 401(k) Review & Grade
Copper State Bolt & Nut Co., Inc. 401(k) Plan
Phoenix, AZWholesale Trade594 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,359Employer $ per active participant
$3,611Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$28.5MNet plan assets, end of year
$35,612Average balance per account
Score breakdown
- Employer generosity18.3 / 5037th percentile for employer $ per participant
- Low cost22.1 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving4.9 / 1532th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 89th |
| Employee saving | 32th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,523 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Copper State Bolt & Nut Co. put in about $1,359 per active participant, below the typical peer ($1,792). 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.
- 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 | $807,420 |
| Participant (employee) contributions | $2,145,196 |
| Other contributions (incl. rollovers in) | $104,500 |
| Administrative expenses paid from the plan | $12,191 |
| Benefits paid out | $1,227,300 |
| Net assets, start / end of year | $24.5M / $28.5M |
| Active participants, start / end of year | 552 / 636 |
| Participants with account balances | 801 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $12,191 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260209115800NAL0001468801001, received 2026-02-09, EIN 86-0263470, plan #001, plan year 2024-05-01 to 2025-04-30. Verify at efast.dol.gov.