Crash Champions, LLC 401(k) Review & Grade
Crash Champions 401(k) Plan
Richardson, TXOther Services7,730 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,229Employer $ per active participant
$3,645Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$253.4MNet plan assets, end of year
$56,238Average balance per account
Score breakdown
- Employer generosity28.0 / 5056th percentile for employer $ per participant
- Low cost9.8 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving9.1 / 1561th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 2,500–9,999 active participants (42 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 39th |
| Employee saving | 61th |
| Peers that auto-enroll | 45% |
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
Corrective distributions: the plan refunded $530,988 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Crash Champions put in about $1,229 per active participant, more than the typical peer ($1,132). 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 | $9,500,879 |
| Participant (employee) contributions | $28,178,253 |
| Other contributions (incl. rollovers in) | $5,013,482 |
| Administrative expenses paid from the plan | $372,352 |
| Investment advisory & management fees | $63,805 |
| Other admin expenses | $63,816 |
| Benefits paid out | $23,201,301 |
| Net assets, start / end of year | $171.1M / $253.4M |
| Active participants, start / end of year | 4,886 / 10,575 |
| Participants with account balances | 4,506 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Hm&m Group, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $226,943 reported compensation |
| Creative Planning Retirement Servi | $75,000 reported compensation |
| Strategic Advisors, Inc. | $63,805 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015092413NAL0004174145001, received 2025-10-15, EIN 47-1529314, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.