Halo Branded Solutions, Inc. 401(k) Review & Grade
Halo Branded Solutions, Inc. 401(k) Savings Plan
Sterling, ILProfessional, Scientific & Technical Services1,890 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$421Employer $ per active participant
$5,412Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$131.4MNet plan assets, end of year
$62,256Average balance per account
Score breakdown
- Employer generosity6.1 / 5012th percentile for employer $ per participant
- Low cost13.3 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving4.0 / 1526th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 53th |
| Employee saving | 26th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Halo Branded Solutions put in about $421 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.
- 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 | $796,374 |
| Participant (employee) contributions | $10,232,141 |
| Other contributions (incl. rollovers in) | $514,298 |
| Administrative expenses paid from the plan | $253,851 |
| Investment advisory & management fees | $50,000 |
| Other admin expenses | $21,312 |
| Benefits paid out | $11,096,758 |
| Net assets, start / end of year | $114.9M / $131.4M |
| Active participants, start / end of year | 1,895 / 1,886 |
| Participants with account balances | 2,110 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Bokf, NA | $224,834 reported compensation |
| Mesirow Financial, Inc. | $25,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015103813NAL0002256579001, received 2025-10-15, EIN 03-0509520, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.