Emerald Textiles, San Diego, LLC 401(k) Review & Grade
Emerald Textiles, San Diego LLC 401(k) Plan
San Diego, CAOther Services1,946 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$459Employer $ per active participant
$1,467Employee $ saved per active participant
0.79%Direct admin cost, % of plan assets
$19.6MNet plan assets, end of year
–Average balance per account
Score breakdown
- Employer generosity14.0 / 5028th percentile for employer $ per participant
- Low cost2.6 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving5.1 / 1534th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-8 pts2 issues reported on the filing
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 28th |
| Lower admin cost | 10th |
| Employee saving | 34th |
| Peers that auto-enroll | 40% |
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 fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
Corrective distributions: the plan refunded $16,266 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Emerald Textiles, San Diego put in about $459 per active participant, below the typical peer ($1,257). 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 (0.79% 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.
- 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 | $894,075 |
| Participant (employee) contributions | $2,853,829 |
| Other contributions (incl. rollovers in) | $19,690 |
| Administrative expenses paid from the plan | $140,635 |
| Investment advisory & management fees | $47,306 |
| Benefits paid out | $2,063,139 |
| Net assets, start / end of year | $16.1M / $19.6M |
| Active participants, start / end of year | 1,933 / 1,959 |
| Participants with account balances | 0 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lavin Lofgren Morrs & Engleberg |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $93,329 reported compensation |
| Alliant Insurance Services Inc DBA | $47,306 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251022115906NAL0002572640001, received 2025-10-22, EIN 27-1167089, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.