Tolmar, Inc. 401(k) Review & Grade
Tolmar, Inc. 401(k) Savings & Retirement Plan
Fort Collins, COManufacturing987 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$9,037Employer $ per active participant
$12,291Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$162.8MNet plan assets, end of year
$121,761Average balance per account
Score breakdown
- Employer generosity47.6 / 5095th percentile for employer $ per participant
- Low cost20.2 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving14.2 / 1595th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score92 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 81th |
| Employee saving | 95th |
| 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
- Tolmar put in about $9,037 per active participant, more than the typical peer ($2,320). 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 | $8,919,313 |
| Participant (employee) contributions | $12,130,995 |
| Other contributions (incl. rollovers in) | $2,428,713 |
| Administrative expenses paid from the plan | $108,849 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $61,300 |
| Benefits paid out | $18,738,524 |
| Net assets, start / end of year | $138.3M / $162.8M |
| Active participants, start / end of year | 966 / 1,008 |
| Participants with account balances | 1,337 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $61,300 reported compensation |
| Fidelity Investments Institutional | $47,549 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009165710NAL0007342289001, received 2025-10-09, EIN 20-5990340, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.