Bargreen-Ellingson, Inc. 401(k) Review & Grade
Bargreen-Ellingson, Inc. 401(k) Plan
Tacoma, WAWholesale Trade670 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,345Employer $ per active participant
$5,025Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$61.3MNet plan assets, end of year
$108,451Average balance per account
Score breakdown
- Employer generosity31.1 / 5062th percentile for employer $ per participant
- Low cost13.4 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 54th |
| Employee saving | 56th |
| Peers that auto-enroll | 53% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Bargreen-Ellingson put in about $2,345 per active participant, more than the typical peer ($1,792). 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.
- 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.
- 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 | $1,570,079 |
| Participant (employee) contributions | $3,364,058 |
| Other contributions (incl. rollovers in) | $184,713 |
| Administrative expenses paid from the plan | $116,262 |
| Investment advisory & management fees | $48,000 |
| Benefits paid out | $2,559,970 |
| Net assets, start / end of year | $52.0M / $61.3M |
| Active participants, start / end of year | 630 / 709 |
| Participants with account balances | 565 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $68,262 reported compensation |
| Brighton Jones LLC | $48,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007112937NAL0004695121001, received 2025-10-07, EIN 91-0715309, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.