Cumming Management Group, Inc. 401(k) Review & Grade
Cumming Management Group, Inc. 401(k) Plan-Ii
Murrieta, CAProfessional, Scientific & Technical Services1,558 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,272Employer $ per active participant
$10,949Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$159.6MNet plan assets, end of year
$74,311Average balance per account
Score breakdown
- Employer generosity26.7 / 5053th percentile for employer $ per participant
- Low cost19.6 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score49 / 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 | 53th |
| Lower admin cost | 78th |
| Employee saving | 67th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Cumming Management Group put in about $3,272 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.
- 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 | $5,097,615 |
| Participant (employee) contributions | $17,058,431 |
| Other contributions (incl. rollovers in) | $4,618,604 |
| Administrative expenses paid from the plan | $110,555 |
| Investment advisory & management fees | $59,612 |
| Benefits paid out | $19,721,863 |
| Net assets, start / end of year | $108.2M / $159.6M |
| Active participants, start / end of year | 1,329 / 1,787 |
| Participants with account balances | 2,148 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $59,612 reported compensation |
| Fidelity Investments Institutional | $50,943 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008155031NAL0010103344001, received 2025-10-08, EIN 20-8782096, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.