Etoc Company, Inc. 401(k) Review & Grade
Cote Family Companies, Inc. Retirement Savings Plan
Nisswa, MNAccommodation & Food Services512 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$358Employer $ per active participant
$924Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$9.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity29.6 / 5059th percentile for employer $ per participant
- Low cost18.3 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 73th |
| Employee saving | 56th |
| Peers that auto-enroll | 17% |
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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
- Etoc Company put in about $358 per active participant, more than the typical peer ($266). 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.
- 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 | $183,063 |
| Participant (employee) contributions | $473,058 |
| Other contributions (incl. rollovers in) | $2,037 |
| Administrative expenses paid from the plan | $8,717 |
| Investment advisory & management fees | $5,494 |
| Benefits paid out | $629,949 |
| Net assets, start / end of year | $7.9M / $9.0M |
| Active participants, start / end of year | 604 / 420 |
| Participants with account balances | 173 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Olsen Thielen and Company |
Largest service providers (Schedule C)
| Adp, Inc. | $5,147 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923062116NAL0008791186001, received 2025-09-23, EIN 41-0242405, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.