Ben E. Keith Company 401(k) Review & Grade
Ben E. Keith Company Retirement Savings Plan
Fort Worth, TXWholesale Trade6,671 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,527Employer $ per active participant
$5,524Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$494.0MNet plan assets, end of year
$65,001Average balance per account
Score breakdown
- Employer generosity40.2 / 5080th percentile for employer $ per participant
- Low cost20.9 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 84th |
| Employee saving | 48th |
| Peers that auto-enroll | 62% |
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
- Ben E. Keith put in about $4,527 per active participant, more than the typical peer ($2,459). 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.
- 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 | $30,198,266 |
| Participant (employee) contributions | $36,847,758 |
| Other contributions (incl. rollovers in) | $7,637,734 |
| Administrative expenses paid from the plan | $180,827 |
| Investment advisory & management fees | $11,160 |
| Benefits paid out | $36,076,813 |
| Net assets, start / end of year | $400.5M / $494.0M |
| Active participants, start / end of year | 6,665 / 6,677 |
| Participants with account balances | 7,600 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $132,942 reported compensation |
| Whitley Penn LLP | $39,175 reported compensation |
| Willis Towers Watson US LLC | $8,910 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260319145443NAL0004274225001, received 2026-03-19, EIN 75-0372230, plan #002, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.