Ecmd, Inc. 401(k) Review & Grade
Ecmd, Inc. Profit Sharing 401(k) Plan
North Wilkesboro, NCWholesale Trade994 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$785Employer $ per active participant
$5,115Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$45.3MNet plan assets, end of year
$38,659Average balance per account
Score breakdown
- Employer generosity8.2 / 5016th percentile for employer $ per participant
- Low cost15.1 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 60th |
| Employee saving | 57th |
| Peers that auto-enroll | 53% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Ecmd put in about $785 per active participant, below the typical peer ($1,792). 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 | $780,961 |
| Participant (employee) contributions | $5,086,655 |
| Other contributions (incl. rollovers in) | $445,074 |
| Administrative expenses paid from the plan | $69,112 |
| Contract administrator fees | $69,112 |
| Benefits paid out | $4,242,348 |
| Net assets, start / end of year | $38.3M / $45.3M |
| Active participants, start / end of year | 1,030 / 959 |
| Participants with account balances | 1,173 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $118,636 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924072325NAL0007798928001, received 2025-09-24, EIN 56-1318735, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.