Brookshire Brothers, Inc. 401(k) Review & Grade
Brookshire Brothers Ksop
Lufkin, TXRetail Trade3,032 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1Employer $ per active participant
$866Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$134.4MNet plan assets, end of year
$26,662Average balance per account
Score breakdown
- Employer generosity1.9 / 504th percentile for employer $ per participant
- Low cost8.6 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving2.1 / 1514th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score3 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 4th |
| Lower admin cost | 34th |
| Employee saving | 14th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($156 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $228,830 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Brookshire Brothers put in about $1 per active participant, below the typical peer ($650). 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 (0.20% of assets) are well above similar-size plans (0.12%). 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,446 |
| Participant (employee) contributions | $2,625,490 |
| Other contributions (incl. rollovers in) | $59,200 |
| Administrative expenses paid from the plan | $284,114 |
| Contract administrator fees | $206,154 |
| Investment advisory & management fees | $77,892 |
| Other admin expenses | $68 |
| Benefits paid out | $13,199,676 |
| Net assets, start / end of year | $147.9M / $134.4M |
| Active participants, start / end of year | 3,033 / 3,030 |
| Participants with account balances | 5,042 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
| Employer stock held by plan | $87,162,968 |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $206,154 reported compensation |
| Sanctuary Advisors, LLC | $64,956 reported compensation |
| Two West Capital Advisors LLC | $12,991 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260216092215NAL0006119794001, received 2026-02-16, EIN 75-2692839, plan #002, plan year 2024-04-28 to 2025-04-26. Verify at efast.dol.gov.