Dell Retirement Services, Inc 401(k) Review & Grade
Shannondell 401(k) Plan
Audubon, PAHealth Care & Social Assistance540 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$680Employer $ per active participant
$2,693Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$18.2MNet plan assets, end of year
$57,000Average balance per account
Score breakdown
- Employer generosity20.8 / 5042th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving7.9 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 35th |
| Employee saving | 52th |
| Peers that auto-enroll | 36% |
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 $20,745 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Dell Retirement Services put in about $680 per active participant, below the typical peer ($976). 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 (0.35% 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.
- 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 | $367,503 |
| Participant (employee) contributions | $1,455,450 |
| Other contributions (incl. rollovers in) | $292,639 |
| Administrative expenses paid from the plan | $60,828 |
| Investment advisory & management fees | $22,812 |
| Other admin expenses | $15,500 |
| Benefits paid out | $1,637,329 |
| Net assets, start / end of year | $16.1M / $18.2M |
| Active participants, start / end of year | 537 / 544 |
| Participants with account balances | 320 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Maillie LLP |
Largest service providers (Schedule C)
| Global Retirement Partners LLC | $27,993 reported compensation |
| Dell Retirement Services Inc | $17,574 reported compensation |
| Jpmorgan Invest Holdings LLC | $15,051 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250813100548NAL0008984609001, received 2025-08-13, EIN 23-3082110, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.