Del Grande Dealer Group 401(k) Review & Grade
Del Grande Dealer Group 401k Plan
San Jose, CARetail Trade1,038 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$629Employer $ per active participant
$5,080Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$43.8MNet plan assets, end of year
$32,876Average balance per account
Score breakdown
- Employer generosity22.1 / 5044th percentile for employer $ per participant
- Low cost8.2 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving12.3 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 33th |
| Employee saving | 82th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Del Grande Dealer Group put in about $629 per active participant, below the typical peer ($743). 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 (0.37% 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.
- 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 | $652,679 |
| Participant (employee) contributions | $5,270,937 |
| Other contributions (incl. rollovers in) | $189,252 |
| Administrative expenses paid from the plan | $151,930 |
| Investment advisory & management fees | $28,775 |
| Benefits paid out | $5,525,581 |
| Net assets, start / end of year | $37.9M / $43.8M |
| Active participants, start / end of year | 1,027 / 1,048 |
| Participants with account balances | 1,332 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $104,655 reported compensation |
| Silicon Valley Retirement Services | $28,775 reported compensation |
| Forvis Mazars, LLP | $18,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251005121552NAL0004591344001, received 2025-10-05, EIN 77-0507523, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.