Crestview Management LLC 401(k) Review & Grade
Columbia Sussex 401(k) Plan
Crestview Hills, KYAccommodation & Food Services3,926 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$450Employer $ per active participant
$1,117Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$93.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity36.4 / 5073th percentile for employer $ per participant
- Low cost12.4 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 49th |
| Employee saving | 65th |
| Peers that auto-enroll | 15% |
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Red flags from the filing
Corrective distributions: the plan refunded $86,052 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Crestview Management put in about $450 per active participant, more than the typical peer ($244). 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 | $1,765,247 |
| Participant (employee) contributions | $4,384,710 |
| Other contributions (incl. rollovers in) | $473,134 |
| Administrative expenses paid from the plan | $110,673 |
| Investment advisory & management fees | $38,076 |
| Benefits paid out | $10,856,553 |
| Net assets, start / end of year | $85.0M / $93.5M |
| Active participants, start / end of year | 3,653 / 4,200 |
| Participants with account balances | 1,932 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark, Schaefer, Hackett & Co. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $72,597 reported compensation |
| Strategic Advisors, Inc. | $38,076 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015145400NAL0010184898001, received 2025-10-15, EIN 85-2570407, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.