Peak Utility Services Group, Inc. 401(k) Review & Grade
Peak Utility Services Group, Inc. 401(k) Plan
Broomfield, COConstruction1,583 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$232Employer $ per active participant
$2,457Employee $ saved per active participant
0.86%Direct admin cost, % of plan assets
$31.7MNet plan assets, end of year
$25,705Average balance per account
Score breakdown
- Employer generosity4.2 / 508th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score21 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 9th |
| Employee saving | 29th |
| Peers that auto-enroll | 44% |
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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
- Peak Utility Services Group put in about $232 per active participant, below the typical peer ($1,672). 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 (0.86% 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 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 | $367,292 |
| Participant (employee) contributions | $3,889,957 |
| Other contributions (incl. rollovers in) | $566,062 |
| Administrative expenses paid from the plan | $257,723 |
| Investment advisory & management fees | $110,089 |
| Benefits paid out | $4,571,304 |
| Net assets, start / end of year | $28.4M / $31.7M |
| Active participants, start / end of year | 1,597 / 1,569 |
| Participants with account balances | 1,235 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $147,634 reported compensation |
| Mesirow Financial Investment Manage | $70,089 reported compensation |
| Creative Planning Holdco LLC DBA CR | $40,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015164441NAL0005168225001, received 2025-10-15, EIN 46-5733753, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.