Performance Environmental Services, LLC 401(k) Review & Grade
Performance Environmental Services, LLC 401(k) Plan
New Haven, CTAdministrative, Support & Staffing Services646 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$208Employer $ per active participant
$479Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$2.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity14.5 / 5029th percentile for employer $ per participant
- Low cost23.7 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving2.8 / 1519th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 29th |
| Lower admin cost | 95th |
| Employee saving | 19th |
| Peers that auto-enroll | 27% |
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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
- Performance Environmental Services put in about $208 per active participant, below the typical peer ($712). 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 | $134,669 |
| Participant (employee) contributions | $309,687 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $410 |
| Benefits paid out | – |
| Net assets, start / end of year | $1.5M / $2.1M |
| Active participants, start / end of year | 599 / 694 |
| Participants with account balances | 38 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250620065129NAL0005470304001, received 2025-06-20, EIN 27-0492390, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.