Facility Solutions Group, Inc. 401(k) Review & Grade
Facility Solutions Group, Inc. 401(k) Plan
Austin, TXWholesale Trade2,810 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,311Employer $ per active participant
$4,306Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$151.3MNet plan assets, end of year
$42,871Average balance per account
Score breakdown
- Employer generosity11.8 / 5024th percentile for employer $ per participant
- Low cost6.5 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving4.7 / 1531th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 26th |
| Employee saving | 31th |
| Peers that auto-enroll | 62% |
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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 ($126,258 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Facility Solutions Group put in about $1,311 per active participant, below the typical peer ($2,459). 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 (0.27% of assets) are well above similar-size plans (0.12%). 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.
- 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 | $3,682,833 |
| Participant (employee) contributions | $12,097,265 |
| Other contributions (incl. rollovers in) | $3,184,872 |
| Administrative expenses paid from the plan | $373,210 |
| Contract administrator fees | $373,210 |
| Benefits paid out | $15,093,914 |
| Net assets, start / end of year | $129.7M / $151.3M |
| Active participants, start / end of year | 2,585 / 3,034 |
| Participants with account balances | 3,529 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Weaver and Tidwell, L.L.P. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $373,209 reported compensation |
| Ubs Financial Services Inc | $65,240 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260520083311NAL0001720273001, received 2026-05-20, EIN 74-2942838, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.