National Underground Group, Inc. 401(k) Review & Grade
National Underground Group 401(k) Savings Plan
Mission Viejo, CAOther Services674 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,055Employer $ per active participant
$3,349Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$35.7MNet plan assets, end of year
$30,042Average balance per account
Score breakdown
- Employer generosity22.0 / 5044th percentile for employer $ per participant
- Low cost10.1 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 40th |
| Employee saving | 61th |
| Peers that auto-enroll | 40% |
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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
- National Underground Group put in about $1,055 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.
- 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 | $711,771 |
| Participant (employee) contributions | $2,259,074 |
| Other contributions (incl. rollovers in) | $384,106 |
| Administrative expenses paid from the plan | $105,744 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $49,653 |
| Benefits paid out | $6,527,100 |
| Net assets, start / end of year | $34.5M / $35.7M |
| Active participants, start / end of year | 674 / 675 |
| Participants with account balances | 1,189 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Servatius, O'brien & Fong, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $56,091 reported compensation |
| Morgan Stanley Smith Barney LLC | $49,653 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923132125NAL0006378961001, received 2025-09-23, EIN 47-4061642, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.