Cordell Law, LLP 401(k) Review & Grade
Cordell Law, LLP 401(k) Plan
Chesterfield, MOProfessional, Scientific & Technical Services516 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,181Employer $ per active participant
$8,125Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$47.5MNet plan assets, end of year
$71,996Average balance per account
Score breakdown
- Employer generosity25.9 / 5052th percentile for employer $ per participant
- Low cost12.4 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1542th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 50th |
| Employee saving | 42th |
| Peers that auto-enroll | 48% |
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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
- Cordell Law, LLP put in about $3,181 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- 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 | $1,639,663 |
| Participant (employee) contributions | $4,188,371 |
| Other contributions (incl. rollovers in) | $286,396 |
| Administrative expenses paid from the plan | $101,321 |
| Investment advisory & management fees | $39,212 |
| Benefits paid out | $3,829,499 |
| Net assets, start / end of year | $39.7M / $47.5M |
| Active participants, start / end of year | 517 / 514 |
| Participants with account balances | 660 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $62,109 reported compensation |
| Mma Securities | $35,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006134317NAL0003484161001, received 2025-10-06, EIN 26-4467572, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.