Grease Monkey International LLC 401(k) Review & Grade
Grease Monkey International 401(k) Plan
Greenwood Village, COOther Services1,822 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$150Employer $ per active participant
$453Employee $ saved per active participant
0.69%Direct admin cost, % of plan assets
$5.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.0 / 5012th percentile for employer $ per participant
- Low cost3.4 / 2513th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score9 / 100 · Grade F
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 13th |
| Employee saving | 12th |
| Peers that auto-enroll | 40% |
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
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Grease Monkey International put in about $150 per active participant, below the typical peer ($1,257). 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 (0.69% 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 | $273,590 |
| Participant (employee) contributions | $824,774 |
| Other contributions (incl. rollovers in) | $734,909 |
| Administrative expenses paid from the plan | $32,999 |
| Investment advisory & management fees | $906 |
| Benefits paid out | $655,056 |
| Net assets, start / end of year | $4.0M / $5.6M |
| Active participants, start / end of year | 1,893 / 1,752 |
| Participants with account balances | 725 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Holm Ryan Truitt Hall, LLC |
Largest service providers (Schedule C)
| Transamerica Life Insurance Company | $28,713 reported compensation |
| Alerus Retirement Consulting | $3,380 reported compensation |
| Osaic Wealth Inc | $939 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015105902NAL0009214306001, received 2025-10-15, EIN 84-0769552, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.