Eplus Inc. 401(k) Review & Grade
Eplus Inc. 401(k) Profit Sharing Plan
Herndon, VAProfessional, Scientific & Technical Services2,010 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,660Employer $ per active participant
$11,403Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$319.9MNet plan assets, end of year
$121,483Average balance per account
Score breakdown
- Employer generosity22.0 / 5044th percentile for employer $ per participant
- Low cost21.9 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 87th |
| Employee saving | 69th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $12,594 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Eplus put in about $2,660 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 | $5,345,987 |
| Participant (employee) contributions | $22,920,615 |
| Other contributions (incl. rollovers in) | $25,237,860 |
| Administrative expenses paid from the plan | $141,264 |
| Benefits paid out | $20,799,825 |
| Net assets, start / end of year | $247.8M / $319.9M |
| Active participants, start / end of year | 1,805 / 2,215 |
| Participants with account balances | 2,633 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Snyder Cohn, PC |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $141,189 reported compensation |
| Charles Schwab & Co., Inc | $915 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251102223718NAL0005476065001, received 2025-11-02, EIN 54-1817218, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.