Eight Eleven Group, LLC. 401(k) Review & Grade
Eight Eleven Group, LLC. 401(k) Profit Sharing Trust
Indianapolis, INProfessional, Scientific & Technical Services3,826 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,343Employer $ per active participant
$2,903Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$96.0MNet plan assets, end of year
$44,791Average balance per account
Score breakdown
- Employer generosity12.2 / 5024th percentile for employer $ per participant
- Low cost7.0 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1515th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 28th |
| Employee saving | 15th |
| Peers that auto-enroll | 47% |
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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 ($371 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
- Eight Eleven Group put in about $1,343 per active participant, below the typical peer ($2,951). 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 (0.25% of assets) are well above similar-size plans (0.12%). 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 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 | $5,140,018 |
| Participant (employee) contributions | $11,105,527 |
| Other contributions (incl. rollovers in) | $1,118,742 |
| Administrative expenses paid from the plan | $211,324 |
| Investment advisory & management fees | $156,681 |
| Benefits paid out | $5,261,440 |
| Net assets, start / end of year | $73.6M / $96.0M |
| Active participants, start / end of year | 3,411 / 4,241 |
| Participants with account balances | 2,144 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Hallowell 401(k) Assurance, LLC |
Largest service providers (Schedule C)
| Betterment for Business, LLC | $211,342 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013104010NAL0000491139001, received 2025-10-13, EIN 35-2107150, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.