The Terteling Company, Inc. 401(k) Review & Grade
Terteling Employees' Profit Sharing and Thrift Savings Plan
Boise, IDRetail Trade1,373 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,472Employer $ per active participant
$8,772Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$183.2MNet plan assets, end of year
$106,755Average balance per account
Score breakdown
- Employer generosity49.1 / 5098th percentile for employer $ per participant
- Low cost14.5 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 58th |
| Employee saving | 98th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $14,035 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Terteling Company put in about $4,472 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $6,139,563 |
| Participant (employee) contributions | $12,043,543 |
| Other contributions (incl. rollovers in) | $985,938 |
| Administrative expenses paid from the plan | $308,176 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $195,765 |
| Other admin expenses | $75,000 |
| Benefits paid out | $20,172,011 |
| Net assets, start / end of year | $162.4M / $183.2M |
| Active participants, start / end of year | 1,343 / 1,403 |
| Participants with account balances | 1,716 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $194,688 reported compensation |
| Creative Planning Holdco, LLC | $75,000 reported compensation |
| Moss Adams LLP | $36,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250729122826NAL0001315155001, received 2025-07-29, EIN 82-0180520, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.