Core BTS, Inc. 401(k) Review & Grade
Core BTS 401(k) Retirement Plan · d/b/a Core BTS, Inc. DBA Nri-Na
Indianapolis, INProfessional, Scientific & Technical Services584 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,612Employer $ per active participant
$9,908Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$97.8MNet plan assets, end of year
$105,172Average balance per account
Score breakdown
- Employer generosity21.5 / 5043th percentile for employer $ per participant
- Low cost17.2 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving8.7 / 1558th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 69th |
| Employee saving | 58th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $8,171 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Core BTS put in about $2,612 per active participant, below the typical peer ($3,082). 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 | $1,526,491 |
| Participant (employee) contributions | $5,790,948 |
| Other contributions (incl. rollovers in) | $1,228,031 |
| Administrative expenses paid from the plan | $117,910 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $83,023 |
| Benefits paid out | $16,554,707 |
| Net assets, start / end of year | $93.7M / $97.8M |
| Active participants, start / end of year | 622 / 547 |
| Participants with account balances | 930 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | CDH CPA, PLLC |
Largest service providers (Schedule C)
| Gallagher Fiduciary Advisors LLC | $60,000 reported compensation |
| Fidelity Investments Institutional | $34,887 reported compensation |
| Strategic Advisors, Inc. | $23,023 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010080517NAL0007354705001, received 2025-10-10, EIN 20-3873764, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.