Coastal Pacific Food Distributors, Inc. 401(k) Review & Grade
Coastal Pacific Food Distributors 401(k) Profit Sharing Plan
Stockton, CAWholesale Trade594 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,358Employer $ per active participant
$3,408Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$39.4MNet plan assets, end of year
$58,710Average balance per account
Score breakdown
- Employer generosity18.2 / 5036th percentile for employer $ per participant
- Low cost12.7 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 51th |
| Employee saving | 29th |
| Peers that auto-enroll | 53% |
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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
- Coastal Pacific Food Distributors put in about $1,358 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 | $805,861 |
| Participant (employee) contributions | $2,022,916 |
| Other contributions (incl. rollovers in) | $38,141 |
| Administrative expenses paid from the plan | $83,598 |
| Investment advisory & management fees | $29,140 |
| Benefits paid out | $3,258,552 |
| Net assets, start / end of year | $35.3M / $39.4M |
| Active participants, start / end of year | 615 / 572 |
| Participants with account balances | 671 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $54,458 reported compensation |
| Onedigital Investment Advisors LLC | $29,140 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015131435NAL0009766034001, received 2025-10-15, EIN 62-1283873, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.