Style Crest Enterprises, Inc. 401(k) Review & Grade
Style Crest Enterprises, Inc. 401k Profit Sharing Plan
Fremont, OHWholesale Trade662 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,313Employer $ per active participant
$3,926Employee $ saved per active participant
0.39%Direct admin cost, % of plan assets
$34.7MNet plan assets, end of year
$47,292Average balance per account
Score breakdown
- Employer generosity17.5 / 5035th percentile for employer $ per participant
- Low cost7.8 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 31th |
| Employee saving | 38th |
| Peers that auto-enroll | 53% |
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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
- Style Crest Enterprises put in about $1,313 per active participant, below the typical peer ($1,792). 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 (0.39% 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 | $869,227 |
| Participant (employee) contributions | $2,599,002 |
| Other contributions (incl. rollovers in) | $154,654 |
| Administrative expenses paid from the plan | $125,127 |
| Other admin expenses | $30,957 |
| Benefits paid out | $2,660,316 |
| Net assets, start / end of year | $29.5M / $34.7M |
| Active participants, start / end of year | 518 / 806 |
| Participants with account balances | 733 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $74,325 reported compensation |
| Highland Consulting Associates, Inc | $30,957 reported compensation |
| Cliftonlarsonallen LLP | $19,845 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731140926NAL0005369521001, received 2025-07-31, EIN 34-1839276, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.