Garden State Custom Windows, LLC 401(k) Review & Grade
Rba Custom Windows 401(k) Plan
Cranford, NJConstruction1,320 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$636Employer $ per active participant
$5,333Employee $ saved per active participant
0.50%Direct admin cost, % of plan assets
$28.8MNet plan assets, end of year
$22,087Average balance per account
Score breakdown
- Employer generosity10.4 / 5021th percentile for employer $ per participant
- Low cost5.8 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 23th |
| Employee saving | 69th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $4,703 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Garden State Custom Windows put in about $636 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 (0.50% 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 | $839,383 |
| Participant (employee) contributions | $7,040,081 |
| Other contributions (incl. rollovers in) | $397,827 |
| Administrative expenses paid from the plan | $125,023 |
| Investment advisory & management fees | $34,004 |
| Benefits paid out | $3,919,345 |
| Net assets, start / end of year | $21.3M / $28.8M |
| Active participants, start / end of year | 1,049 / 1,591 |
| Participants with account balances | 1,302 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Blatt & Dauman, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $72,519 reported compensation |
| Kestra Investment Services LLC | $15,000 reported compensation |
| Strategic Advisors, Inc. | $12,754 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930165152NAL0005601811001, received 2025-09-30, EIN 13-4223118, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.