Turnberry Solutions, Inc. 401(k) Review & Grade
Turnberry Solutions 401(k) Profit Sharing Plan
Malvern, PAProfessional, Scientific & Technical Services1,014 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,468Employer $ per active participant
$7,958Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$61.4MNet plan assets, end of year
$49,212Average balance per account
Score breakdown
- Employer generosity13.0 / 5026th percentile for employer $ per participant
- Low cost19.1 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving6.1 / 1541th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 26th |
| Lower admin cost | 77th |
| Employee saving | 41th |
| Peers that auto-enroll | 48% |
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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
- Turnberry Solutions put in about $1,468 per active participant, below the typical peer ($3,082). 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.
- 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 | $1,489,226 |
| Participant (employee) contributions | $8,073,698 |
| Other contributions (incl. rollovers in) | $1,911,942 |
| Administrative expenses paid from the plan | $50,483 |
| Contract administrator fees | $50,483 |
| Benefits paid out | $9,493,920 |
| Net assets, start / end of year | $51.2M / $61.4M |
| Active participants, start / end of year | 1,074 / 955 |
| Participants with account balances | 1,248 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Stancorp Financial Group | $178,589 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003140709NAL0000846115001, received 2025-10-03, EIN 23-3064919, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.