CR Employment, LLC 401(k) Review & Grade
Canyon Ranch 401(k) and Profit Sharing Plan
Fort Worth, TXAccommodation & Food Services1,325 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$548Employer $ per active participant
$3,164Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$55.8MNet plan assets, end of year
$36,758Average balance per account
Score breakdown
- Employer generosity36.4 / 5073th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1592th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 75th |
| Employee saving | 92th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
Corrective distributions: the plan refunded $36,629 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- CR Employment put in about $548 per active participant, more than the typical peer ($266). 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.
- 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 | $725,512 |
| Participant (employee) contributions | $4,191,756 |
| Other contributions (incl. rollovers in) | $337,468 |
| Administrative expenses paid from the plan | $50,104 |
| Investment advisory & management fees | $18,244 |
| Benefits paid out | $4,901,458 |
| Net assets, start / end of year | $49.3M / $55.8M |
| Active participants, start / end of year | 1,219 / 1,431 |
| Participants with account balances | 1,518 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | R & a Cpas |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $31,860 reported compensation |
| Strategic Advisors, Inc. | $18,244 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015143907NAL0002468051001, received 2025-10-15, EIN 73-1724508, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.