Pac-12 Enterprises, LLC 401(k) Review & Grade
Pac-12 Enterprises, LLC Access Plan
San Ramon, CAInformation546 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$20Employer $ per active participant
$422Employee $ saved per active participant
1.94%Direct admin cost, % of plan assets
$3.4MNet plan assets, end of year
$11,463Average balance per account
Score breakdown
- Employer generosity3.9 / 508th percentile for employer $ per participant
- Low cost0.3 / 251th percentile for low admin cost vs. same-size plans
- Employee saving0.2 / 152th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 1th |
| Employee saving | 2th |
| Peers that auto-enroll | 59% |
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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 ($17,963 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
- Pac-12 Enterprises put in about $20 per active participant, below the typical peer ($2,829). 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 (1.94% 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.
- 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 | $11,153 |
| Participant (employee) contributions | $230,244 |
| Other contributions (incl. rollovers in) | $700 |
| Administrative expenses paid from the plan | $67,574 |
| Contract administrator fees | $67,574 |
| Benefits paid out | $769,868 |
| Net assets, start / end of year | $3.6M / $3.4M |
| Active participants, start / end of year | 1,022 / 69 |
| Participants with account balances | 297 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Withumsmith+brown, PC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $67,576 reported compensation |
| Hightower Advisors, LLC | $10,619 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260813151617NAL0011744320001, received 2026-08-13, EIN 45-3181539, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.