D & H Company 401(k) Review & Grade
D & H Company 401(k) Plan
Tupelo, MSRetail Trade518 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$256Employer $ per active participant
$1,605Employee $ saved per active participant
1.32%Direct admin cost, % of plan assets
$4.2MNet plan assets, end of year
$8,728Average balance per account
Score breakdown
- Employer generosity9.1 / 5018th percentile for employer $ per participant
- Low cost0.9 / 253th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score4 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 3th |
| Employee saving | 26th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($17,199 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- D & H put in about $256 per active participant, below the typical peer ($743). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (1.32% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $132,439 |
| Participant (employee) contributions | $830,658 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $49,099 |
| Benefits paid out | $473,493 |
| Net assets, start / end of year | $3.3M / $4.2M |
| Active participants, start / end of year | 479 / 556 |
| Participants with account balances | 476 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Monroe Shine & Co., Inc. |
Largest service providers (Schedule C)
| Renasant Bank | $32,585 reported compensation |
| Epic Retirement Plan Services, Inc. | $16,514 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250808105727NAL0002593779001, received 2025-08-08, EIN 64-0297943, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.