G.a. West and Company, Incorporated 401(k) Review & Grade
G.a. West & Company 401(k) Profit Sharing Plan & Trust
Saraland, ALConstruction657 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,176Employer $ per active participant
$2,150Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$15.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity18.5 / 5037th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 33th |
| Employee saving | 24th |
| Peers that auto-enroll | 44% |
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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
- G.a. West and Company, Incorporated put in about $1,176 per active participant, below the typical peer ($1,672). 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 (0.37% 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.
- 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 | $772,320 |
| Participant (employee) contributions | $1,412,677 |
| Other contributions (incl. rollovers in) | $119,010 |
| Administrative expenses paid from the plan | $50,974 |
| Investment advisory & management fees | $50,974 |
| Benefits paid out | $1,327,402 |
| Net assets, start / end of year | $12.4M / $15.0M |
| Active participants, start / end of year | 633 / 681 |
| Participants with account balances | 234 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bmss LLC |
Largest service providers (Schedule C)
| Alerus Financial, N.A. | $50,974 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015154955NAL0002694435001, received 2025-10-15, EIN 63-0978835, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.