Andretti Group 401(k) Review & Grade
Andretti Petroleum Group Retirement Savings Plan
Grants Pass, ORWholesale Trade504 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$356Employer $ per active participant
$658Employee $ saved per active participant
1.15%Direct admin cost, % of plan assets
$36,092Net plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.0 / 506th percentile for employer $ per participant
- Low cost1.2 / 255th percentile for low admin cost vs. same-size plans
- Employee saving0.2 / 152th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score4 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 5th |
| Employee saving | 2th |
| Peers that auto-enroll | 53% |
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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
- Andretti Group put in about $356 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.
- Direct plan expenses (1.15% 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 | $179,461 |
| Participant (employee) contributions | $331,716 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $64,265 |
| Contract administrator fees | $32,063 |
| Investment advisory & management fees | $26,077 |
| Benefits paid out | $12,655,548 |
| Net assets, start / end of year | $11.2M / $36,092 |
| Active participants, start / end of year | 1,006 / 2 |
| Participants with account balances | 4 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| John Hancock | $33,152 reported compensation |
| Perennial Investment Advisors, LLC | $23,627 reported compensation |
| Cliftonlarsonallen LLP | $6,125 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250909173606NAL0034455344001, received 2025-09-09, EIN 81-4893805, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.