Community Brands Parentco, LLC 401(k) Review & Grade
Community Brands 401(k) Plan
ST. Petersburg, FLProfessional, Scientific & Technical Services838 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,684Employer $ per active participant
$7,338Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$72.9MNet plan assets, end of year
$63,785Average balance per account
Score breakdown
- Employer generosity14.8 / 5030th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 45th |
| Employee saving | 37th |
| Peers that auto-enroll | 48% |
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 ($86,890 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $2,082 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Community Brands Parentco put in about $1,684 per active participant, below the typical peer ($3,082). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,410,333 |
| Participant (employee) contributions | $6,145,499 |
| Other contributions (incl. rollovers in) | $1,094,787 |
| Administrative expenses paid from the plan | $195,883 |
| Investment advisory & management fees | $71,452 |
| Benefits paid out | $9,125,029 |
| Net assets, start / end of year | $74.9M / $72.9M |
| Active participants, start / end of year | 977 / 698 |
| Participants with account balances | 1,143 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Barnes Wendling Cpas, Inc |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $98,526 reported compensation |
| Sage Advisory Group | $68,710 reported compensation |
| Barnes Wendling Cpas Inc | $27,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251004095143NAL0001174611001, received 2025-10-04, EIN 47-3250999, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.