Big-D Corporation 401(k) Review & Grade
Big-D 401k Build Plan
Salt Lake City, UTConstruction1,658 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,749Employer $ per active participant
$5,710Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$113.8MNet plan assets, end of year
$67,386Average balance per account
Score breakdown
- Employer generosity26.4 / 5053th percentile for employer $ per participant
- Low cost24.5 / 2598th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1572th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 98th |
| Employee saving | 72th |
| Peers that auto-enroll | 44% |
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
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $5,294 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Big-D put in about $1,749 per active participant, more than the typical peer ($1,672). 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 | $2,899,644 |
| Participant (employee) contributions | $9,464,915 |
| Other contributions (incl. rollovers in) | $1,361,874 |
| Administrative expenses paid from the plan | $8,733 |
| Contract administrator fees | $1,500 |
| Investment advisory & management fees | $7,233 |
| Benefits paid out | $13,423,272 |
| Net assets, start / end of year | $95.2M / $113.8M |
| Active participants, start / end of year | 1,419 / 1,896 |
| Participants with account balances | 1,689 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Osborne, Robbins, & Buhler, PLLC |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $7,233 reported compensation |
| Fidelity Investments Institutional | −$29,747 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002160326NAL0001077024001, received 2025-10-02, EIN 87-0622628, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.