360 Patriot Enterprises, LLC 401(k) Review & Grade
360 Patriot 401(k) Plan
Alexandria, VAProfessional, Scientific & Technical Services736 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,415Employer $ per active participant
$1,819Employee $ saved per active participant
0.74%Direct admin cost, % of plan assets
$9.7MNet plan assets, end of year
$11,539Average balance per account
Score breakdown
- Employer generosity28.2 / 5056th percentile for employer $ per participant
- Low cost2.9 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving1.4 / 159th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 12th |
| Employee saving | 9th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $3,623 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- 360 Patriot Enterprises put in about $3,415 per active participant, more than the typical peer ($3,082). 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.
- Direct plan expenses (0.74% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $2,515,076 |
| Participant (employee) contributions | $1,339,661 |
| Other contributions (incl. rollovers in) | $728,560 |
| Administrative expenses paid from the plan | $62,024 |
| Contract administrator fees | $42,095 |
| Investment advisory & management fees | $19,929 |
| Benefits paid out | $2,846,427 |
| Net assets, start / end of year | $7.1M / $9.7M |
| Active participants, start / end of year | 915 / 558 |
| Participants with account balances | 838 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| John Hancock Retirement Plan Svcs | $43,377 reported compensation |
| Capital Group | $18,646 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260812122442NAL0008615425001, received 2026-08-12, EIN 80-0372807, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.