Denco Family, Inc. 401(k) Review & Grade
The Family 401(k) Plan
Whittier, CAAccommodation & Food Services1,091 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$16Employer $ per active participant
$259Employee $ saved per active participant
1.44%Direct admin cost, % of plan assets
$2.6MNet plan assets, end of year
$4,185Average balance per account
Score breakdown
- Employer generosity4.5 / 509th percentile for employer $ per participant
- Low cost0.7 / 253th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1515th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 3th |
| Employee saving | 15th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Denco Family put in about $16 per active participant, below the typical peer ($266). 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 (1.44% 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 | $17,652 |
| Participant (employee) contributions | $282,384 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $35,613 |
| Benefits paid out | $308,341 |
| Net assets, start / end of year | $2.3M / $2.6M |
| Active participants, start / end of year | 1,127 / 1,055 |
| Participants with account balances | 622 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | James Miller, P.C. CPA |
Largest service providers (Schedule C)
| Empower Annuity Ins Co of America | $29,088 reported compensation |
| Economic Group Pension Services | $7,433 reported compensation |
| Flexpath Strategies LLC | $1,176 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009140738NAL0015726354001, received 2025-10-09, EIN 46-1731629, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.