Abc Employment Holdings, LLC MS Companies 401(k) Review & Grade
MS Companies Retirement Plan
Carmel, INAdministrative, Support & Staffing Services773 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$433Employer $ per active participant
$776Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$5.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity20.4 / 5041th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 41th |
| Lower admin cost | 35th |
| Employee saving | 26th |
| Peers that auto-enroll | 27% |
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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
- Abc Employment Holdings, LLC MS Companies put in about $433 per active participant, below the typical peer ($712). 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.
- Direct plan expenses (0.35% 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.
- 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 | $334,826 |
| Participant (employee) contributions | $599,571 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $18,033 |
| Contract administrator fees | $18,033 |
| Benefits paid out | $1,023,672 |
| Net assets, start / end of year | $4.7M / $5.5M |
| Active participants, start / end of year | 923 / 623 |
| Participants with account balances | 196 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Ascensus LLC | $18,033 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930125500NAL0005498675001, received 2025-09-30, EIN 30-0023436, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.