Cash-Wa Distributing Company of Kearney, Inc. 401(k) Review & Grade
Cash-Wa Distributing Company 401(k) Profit Sharing Plan
Kearney, NEWholesale Trade846 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,496Employer $ per active participant
$3,282Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$48.3MNet plan assets, end of year
$98,870Average balance per account
Score breakdown
- Employer generosity20.1 / 5040th percentile for employer $ per participant
- Low cost9.8 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving4.1 / 1527th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 39th |
| Employee saving | 27th |
| 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
Corrective distributions: the plan refunded $85,329 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cash-Wa Distributing Company of Kearney put in about $1,496 per active participant, below the typical peer ($1,792). 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.
- 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 | $1,266,488 |
| Participant (employee) contributions | $2,778,213 |
| Other contributions (incl. rollovers in) | $1,268,596 |
| Administrative expenses paid from the plan | $141,136 |
| Contract administrator fees | $68,714 |
| Investment advisory & management fees | $72,422 |
| Benefits paid out | $3,308,953 |
| Net assets, start / end of year | $41.9M / $48.3M |
| Active participants, start / end of year | 893 / 800 |
| Participants with account balances | 489 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Geoffrey Schnathorst |
Largest service providers (Schedule C)
| Morgan Stanley Global Ba | $72,431 reported compensation |
| Principal Life Insurance Company | $68,714 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260914120631NAL0001169777001, received 2026-09-14, EIN 47-0499172, plan #002, plan year 2024-12-01 to 2025-11-30. Verify at efast.dol.gov.