Country Pure Foods, LLC 401(k) Review & Grade
Country Pure Foods 401k Plan
Akron, OHManufacturing582 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,976Employer $ per active participant
$4,743Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$35.3MNet plan assets, end of year
$48,697Average balance per account
Score breakdown
- Employer generosity21.4 / 5043th percentile for employer $ per participant
- Low cost6.9 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving7.1 / 1547th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 28th |
| Employee saving | 47th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($105,233 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
- Country Pure Foods put in about $1,976 per active participant, below the typical peer ($2,320). 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 (0.43% of assets) are well above similar-size plans (0.23%). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,151,063 |
| Participant (employee) contributions | $2,762,814 |
| Other contributions (incl. rollovers in) | $176,989 |
| Administrative expenses paid from the plan | $151,257 |
| Contract administrator fees | $151,257 |
| Benefits paid out | $6,805,756 |
| Net assets, start / end of year | $34.4M / $35.3M |
| Active participants, start / end of year | 588 / 577 |
| Participants with account balances | 724 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante Moran PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $151,257 reported compensation |
| Global Retirement Partners LLC | $69,084 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013140625NAL0002128656001, received 2025-10-13, EIN 13-3835132, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.