Cof Aggregate Holdings, Inc 401(k) Review & Grade
Cust-O-Fab 401(k) Plan
Sand Springs, OKManufacturing1,138 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$623Employer $ per active participant
$1,659Employee $ saved per active participant
0.56%Direct admin cost, % of plan assets
$24.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity4.5 / 509th percentile for employer $ per participant
- Low cost5.0 / 2520th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-13 pts2 issues reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 20th |
| Employee saving | 8th |
| Peers that auto-enroll | 59% |
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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 ($36,837 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $137,118 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cof Aggregate Holdings put in about $623 per active participant, below the typical peer ($2,320). 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 (0.56% 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 | $708,838 |
| Participant (employee) contributions | $1,889,104 |
| Other contributions (incl. rollovers in) | $133,275 |
| Administrative expenses paid from the plan | $136,056 |
| Contract administrator fees | $136,056 |
| Benefits paid out | $4,947,426 |
| Net assets, start / end of year | $24.2M / $24.8M |
| Active participants, start / end of year | 1,272 / 1,005 |
| Participants with account balances | 488 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Gallagher Benefit Services, Inc. | $36,667 reported compensation |
| Ascensus | $12,240 reported compensation |
| Voya Retirement Advisors, LLC | $6,375 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013162321NAL0001705553001, received 2025-10-13, EIN 47-1402421, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.