Grand Circle LLC 401(k) Review & Grade
Grand Circle LLC 401(k) Plan
Boston, MATransportation & Warehousing504 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,123Employer $ per active participant
$6,747Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$74.1MNet plan assets, end of year
$67,703Average balance per account
Score breakdown
- Employer generosity36.8 / 5074th percentile for employer $ per participant
- Low cost18.6 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 75th |
| Employee saving | 86th |
| Peers that auto-enroll | 37% |
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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
- Grand Circle put in about $2,123 per active participant, more than the typical peer ($1,070). 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.
- 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 | $1,070,878 |
| Participant (employee) contributions | $3,403,893 |
| Other contributions (incl. rollovers in) | $255,453 |
| Administrative expenses paid from the plan | $70,032 |
| Investment advisory & management fees | $15,826 |
| Other admin expenses | $49,573 |
| Benefits paid out | $10,408,007 |
| Net assets, start / end of year | $68.9M / $74.1M |
| Active participants, start / end of year | 468 / 541 |
| Participants with account balances | 1,094 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Withumsmith & Brown |
Largest service providers (Schedule C)
| Morganstanleysmithbarneyllc | $49,573 reported compensation |
| Strategic Advisors, Inc. | $15,826 reported compensation |
| Fidelity Investments Institutional | $4,633 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007101851NAL0007696672001, received 2025-10-07, EIN 04-3461496, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.