Bisco Industries, Inc. 401(k) Review & Grade
Bisco Industries, Inc. Profit Sharing and Savings Plan
Anaheim, CAWholesale Trade520 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,035Employer $ per active participant
$5,323Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$31.5MNet plan assets, end of year
$38,191Average balance per account
Score breakdown
- Employer generosity28.2 / 5056th percentile for employer $ per participant
- Low cost22.1 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving9.1 / 1561th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 89th |
| Employee saving | 61th |
| 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
- Bisco Industries put in about $2,035 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.
- 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 | $1,059,263 |
| Participant (employee) contributions | $2,770,595 |
| Other contributions (incl. rollovers in) | $47,770 |
| Administrative expenses paid from the plan | $13,348 |
| Other admin expenses | $13,248 |
| Benefits paid out | $1,811,148 |
| Net assets, start / end of year | $26.3M / $31.5M |
| Active participants, start / end of year | 506 / 535 |
| Participants with account balances | 826 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cote & Company, Apc |
Largest service providers (Schedule C)
| John Hancock USA | $6,998 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260615111812NAL0001525602001, received 2026-06-15, EIN 36-2807386, plan #001, plan year 2024-09-01 to 2025-08-31. Verify at efast.dol.gov.