Roadclipper Enterprises Inc. 401(k) Review & Grade
Roadclipper Enterprises Inc. 401(k) Plan
Mount Pleasant, TXManufacturing682 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$722Employer $ per active participant
$901Employee $ saved per active participant
1.04%Direct admin cost, % of plan assets
$5.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.4 / 5011th percentile for employer $ per participant
- Low cost1.5 / 256th percentile for low admin cost vs. same-size plans
- Employee saving0.4 / 153th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 11th |
| Lower admin cost | 6th |
| Employee saving | 3th |
| Peers that auto-enroll | 59% |
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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
- Roadclipper Enterprises put in about $722 per active participant, below the typical peer ($2,320). 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 (1.04% 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.
- 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 | $492,596 |
| Participant (employee) contributions | $614,575 |
| Other contributions (incl. rollovers in) | $158,333 |
| Administrative expenses paid from the plan | $50,762 |
| Investment advisory & management fees | $27,710 |
| Benefits paid out | $506,788 |
| Net assets, start / end of year | $4.2M / $5.5M |
| Active participants, start / end of year | 640 / 724 |
| Participants with account balances | 247 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kimberlin Company, PLLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $23,052 reported compensation |
| The Hays Financial Group, LLC | $18,957 reported compensation |
| Empower Advisory Group, LLC | $8,753 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730161245NAL0005926512001, received 2025-07-30, EIN 75-2356296, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.