Construction Partners, Inc. 401(k) Review & Grade
Cpi 401(k) Plan
Dothan, ALConstruction4,176 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,920Employer $ per active participant
$2,994Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$134.0MNet plan assets, end of year
$36,315Average balance per account
Score breakdown
- Employer generosity24.7 / 5049th percentile for employer $ per participant
- Low cost4.6 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 18th |
| Employee saving | 28th |
| Peers that auto-enroll | 57% |
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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
- Construction Partners put in about $1,920 per active participant, below the typical peer ($1,965). 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 (0.36% of assets) are well above similar-size plans (0.12%). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $8,019,397 |
| Participant (employee) contributions | $12,502,328 |
| Other contributions (incl. rollovers in) | $3,858,543 |
| Administrative expenses paid from the plan | $423,535 |
| Contract administrator fees | $423,535 |
| Benefits paid out | $11,451,520 |
| Net assets, start / end of year | $102.9M / $134.0M |
| Active participants, start / end of year | 4,084 / 4,268 |
| Participants with account balances | 3,690 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Mcdaniel & Associates, P.C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $423,534 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014135702NAL0006190930001, received 2025-10-14, EIN 26-0758017, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.