Dudek 401(k) Review & Grade
Dudek 401(k) Plan
Encinitas, CAProfessional, Scientific & Technical Services894 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,174Employer $ per active participant
$7,176Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$90.7MNet plan assets, end of year
$87,884Average balance per account
Score breakdown
- Employer generosity11.0 / 5022th percentile for employer $ per participant
- Low cost14.1 / 2557th percentile for low admin cost vs. same-size plans
- Employee saving5.4 / 1536th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 57th |
| Employee saving | 36th |
| Peers that auto-enroll | 48% |
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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
- Dudek put in about $1,174 per active participant, below the typical peer ($3,082). 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.
- 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 | $1,049,124 |
| Participant (employee) contributions | $6,415,406 |
| Other contributions (incl. rollovers in) | $913,173 |
| Administrative expenses paid from the plan | $155,603 |
| Other admin expenses | $24,727 |
| Benefits paid out | $8,083,172 |
| Net assets, start / end of year | $77.1M / $90.7M |
| Active participants, start / end of year | 880 / 908 |
| Participants with account balances | 1,032 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $55,876 reported compensation |
| Concurrent Investment Advisors, LLC | $25,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250910170938NAL0013300883001, received 2025-09-10, EIN 95-3873865, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.