DFS Group Limited 401(k) Review & Grade
DFS Retirement Plan
Honolulu, HIRetail Trade1,016 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,331Employer $ per active participant
$5,052Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$229.8MNet plan assets, end of year
$109,565Average balance per account
Score breakdown
- Employer generosity47.8 / 5096th percentile for employer $ per participant
- Low cost22.1 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving12.3 / 1582th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 89th |
| Employee saving | 82th |
| 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
- DFS Group Limited put in about $3,331 per active participant, more than the typical peer ($743). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,385,764 |
| Participant (employee) contributions | $5,135,340 |
| Other contributions (incl. rollovers in) | $241,778 |
| Administrative expenses paid from the plan | $101,478 |
| Investment advisory & management fees | $71,203 |
| Benefits paid out | $21,705,874 |
| Net assets, start / end of year | $208.7M / $229.8M |
| Active participants, start / end of year | 1,043 / 990 |
| Participants with account balances | 2,097 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kkdly LLC |
Largest service providers (Schedule C)
| Segal Marco Advisors | $71,203 reported compensation |
| Fidelity Investments Institutional | −$151,772 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926134143NAL0010183552001, received 2025-09-26, EIN 94-3021357, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.