Eis Legacy, LLC 401(k) Review & Grade
Eis 401(k) Plan
Atlanta, GAManufacturing742 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,261Employer $ per active participant
$4,901Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$54.4MNet plan assets, end of year
$94,205Average balance per account
Score breakdown
- Employer generosity24.5 / 5049th percentile for employer $ per participant
- Low cost14.8 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-15 pts2 issues reported on the filing
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 59th |
| Employee saving | 49th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($820,288 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
What to do if you're in this plan
- Eis Legacy put in about $2,261 per active participant, below the typical peer ($2,320). 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,678,854 |
| Participant (employee) contributions | $3,638,631 |
| Other contributions (incl. rollovers in) | $2,334,035 |
| Administrative expenses paid from the plan | $88,302 |
| Benefits paid out | $7,699,651 |
| Net assets, start / end of year | $48.4M / $54.4M |
| Active participants, start / end of year | 710 / 775 |
| Participants with account balances | 577 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frazier & Deeter LLC |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $88,135 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003164459NAL0000916083001, received 2025-10-03, EIN 58-2395299, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.