CTC Americas, Inc. 401(k) Review & Grade
CTC Americas 401(k) Plan
Wilton, CTFinance & Insurance665 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,184Employer $ per active participant
$6,563Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$69.5MNet plan assets, end of year
$64,696Average balance per account
Score breakdown
- Employer generosity21.2 / 5042th percentile for employer $ per participant
- Low cost18.4 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 73th |
| Employee saving | 44th |
| Peers that auto-enroll | 62% |
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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 ($1,002 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
- CTC Americas put in about $3,184 per active participant, below the typical peer ($3,606). 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.
- 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 | $2,117,272 |
| Participant (employee) contributions | $4,364,443 |
| Other contributions (incl. rollovers in) | $1,879,158 |
| Administrative expenses paid from the plan | $67,184 |
| Contract administrator fees | $67,184 |
| Benefits paid out | $8,161,767 |
| Net assets, start / end of year | $62.0M / $69.5M |
| Active participants, start / end of year | 625 / 705 |
| Participants with account balances | 1,075 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe, LLP |
Largest service providers (Schedule C)
| Loren D. Stark Company | $31,758 reported compensation |
| Voya Retirement Advisors, LLC | $12,776 reported compensation |
| Morningstar | $9,775 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251012223243NAL0001088640001, received 2025-10-12, EIN 06-1416686, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.