Hunt Consolidated, Inc. 401(k) Review & Grade
Hunt Consolidated, Inc. Fidelity Thrift Plan
Dallas, TXMining, Oil & Gas876 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$19,448Employer $ per active participant
$13,428Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$415.0MNet plan assets, end of year
$364,971Average balance per account
Score breakdown
- Employer generosity48.4 / 5097th percentile for employer $ per participant
- Low cost20.9 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1591th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score90 / 100 · Grade A
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 84th |
| Employee saving | 91th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
Corrective distributions: the plan refunded $493,470 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Hunt Consolidated put in about $19,448 per active participant, more than the typical peer ($4,357). 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 | $17,046,518 |
| Participant (employee) contributions | $11,769,649 |
| Other contributions (incl. rollovers in) | $196,151 |
| Administrative expenses paid from the plan | $247,471 |
| Investment advisory & management fees | $249,784 |
| Benefits paid out | $43,893,230 |
| Net assets, start / end of year | $376.2M / $415.0M |
| Active participants, start / end of year | 889 / 864 |
| Participants with account balances | 1,137 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| Financial Engines | $249,784 reported compensation |
| Fidelity Investments Institutional | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013094138NAL0000451187001, received 2025-10-13, EIN 75-1727234, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.