Cam-Held Enterprises, Inc. 401(k) Review & Grade
Just Kids 401(k) Plan
Middle Island, NYEducational Services652 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,464Employer $ per active participant
$1,917Employee $ saved per active participant
0.45%Direct admin cost, % of plan assets
$15.6MNet plan assets, end of year
$18,774Average balance per account
Score breakdown
- Employer generosity28.3 / 5057th percentile for employer $ per participant
- Low cost6.6 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving4.8 / 1532th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 27th |
| Employee saving | 32th |
| Peers that auto-enroll | 37% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($99,169 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $7,049 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cam-Held Enterprises put in about $1,464 per active participant, more than the typical peer ($1,225). 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.
- Direct plan expenses (0.45% of assets) are well above similar-size plans (0.23%). 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 | $955,402 |
| Participant (employee) contributions | $1,250,901 |
| Other contributions (incl. rollovers in) | $188,112 |
| Administrative expenses paid from the plan | $67,018 |
| Contract administrator fees | $67,018 |
| Benefits paid out | $2,543,821 |
| Net assets, start / end of year | $14.2M / $15.6M |
| Active participants, start / end of year | 635 / 670 |
| Participants with account balances | 832 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cerini & Associates, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $39,184 reported compensation |
| United Benefit Pensions Inc | $19,779 reported compensation |
| Rockline Wealth Management LLC | $16,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260415110549NAL0019720737001, received 2026-04-15, EIN 11-2540679, plan #001, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.