Playfly, LLC 401(k) Review & Grade
Playfly, LLC 401(k) Plan
Berwyn, PAProfessional, Scientific & Technical Services644 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,647Employer $ per active participant
$3,926Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$32.4MNet plan assets, end of year
$42,588Average balance per account
Score breakdown
- Employer generosity14.4 / 5029th percentile for employer $ per participant
- Low cost11.7 / 2547th percentile for low admin cost vs. same-size plans
- Employee saving2.9 / 1520th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 29th |
| Lower admin cost | 47th |
| Employee saving | 20th |
| 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
- Playfly put in about $1,647 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.
- 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 | $1,061,771 |
| Participant (employee) contributions | $2,530,197 |
| Other contributions (incl. rollovers in) | $724,665 |
| Administrative expenses paid from the plan | $77,543 |
| Investment advisory & management fees | $29,426 |
| Benefits paid out | $2,592,782 |
| Net assets, start / end of year | $29.2M / $32.4M |
| Active participants, start / end of year | 646 / 643 |
| Participants with account balances | 760 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Wipfli LLP | $48,117 reported compensation |
| Creative Planning, LLC | $29,426 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015104135NAL0004616289001, received 2025-10-15, EIN 85-1210689, plan #001, plan year 2024-07-01 to 2024-12-31. Verify at efast.dol.gov.