All States AG Parts, LLC 401(k) Review & Grade
All States AG Parts, LLC 401(k) Plan
Hudson, WIWholesale Trade602 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,309Employer $ per active participant
$4,093Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$25.1MNet plan assets, end of year
$40,653Average balance per account
Score breakdown
- Employer generosity17.4 / 5035th percentile for employer $ per participant
- Low cost9.8 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving6.1 / 1541th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 39th |
| Employee saving | 41th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Corrective distributions: the plan refunded $98,794 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- All States AG Parts put in about $1,309 per active participant, below the typical peer ($1,792). 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 | $788,606 |
| Participant (employee) contributions | $2,465,756 |
| Other contributions (incl. rollovers in) | $387,646 |
| Administrative expenses paid from the plan | $59,473 |
| Investment advisory & management fees | $45,013 |
| Benefits paid out | $2,714,892 |
| Net assets, start / end of year | $13.0M / $25.1M |
| Active participants, start / end of year | 622 / 583 |
| Participants with account balances | 618 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Edward Jones | $45,014 reported compensation |
| Adp, Inc. | $14,460 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015171807NAL0002804963001, received 2025-10-15, EIN 82-5218789, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.