Tibbett & Britten Group NA LLC 401(k) Review & Grade
Tibbett & Britten Group NA LLC 401(k) Plan
Westerville, OHTransportation & Warehousing1,680 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$449Employer $ per active participant
$765Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$10.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity11.6 / 5023th percentile for employer $ per participant
- Low cost17.7 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 159th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 71th |
| Employee saving | 9th |
| Peers that auto-enroll | 37% |
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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
- Tibbett & Britten Group NA put in about $449 per active participant, below the typical peer ($1,070). 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 | $755,006 |
| Participant (employee) contributions | $1,285,356 |
| Other contributions (incl. rollovers in) | $356,085 |
| Administrative expenses paid from the plan | $10,166 |
| Benefits paid out | $1,342,365 |
| Net assets, start / end of year | $7.7M / $10.2M |
| Active participants, start / end of year | 1,731 / 1,630 |
| Participants with account balances | 339 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark, Schaefer, Hackett & Co. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $10,166 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007085336NAL0007793616001, received 2025-10-07, EIN 98-0149758, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.