Williston Financial Group, LLC 401(k) Review & Grade
Williston Financial Group LLC 401(k) Plan
Portland, ORFinance & Insurance1,280 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$805Employer $ per active participant
$9,081Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$98.1MNet plan assets, end of year
$62,142Average balance per account
Score breakdown
- Employer generosity3.8 / 508th percentile for employer $ per participant
- Low cost11.9 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 48th |
| Employee saving | 69th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Williston Financial Group put in about $805 per active participant, below the typical peer ($3,606). 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 | $1,029,902 |
| Participant (employee) contributions | $11,618,614 |
| Other contributions (incl. rollovers in) | $2,730,181 |
| Administrative expenses paid from the plan | $219,896 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $61,128 |
| Benefits paid out | $6,666,699 |
| Net assets, start / end of year | $79.1M / $98.1M |
| Active participants, start / end of year | 1,138 / 1,421 |
| Participants with account balances | 1,579 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Delap LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $137,268 reported compensation |
| Morgan Stanley Global Banking Oper | $61,128 reported compensation |
| Delap | $21,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250910105735NAL0013125251001, received 2025-09-10, EIN 27-1434397, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.