James Avery Craftsman, Inc. 401(k) Review & Grade
James Avery Craftsman, Inc. Employee 401(k) Plan
Kerrville, TXRetail Trade2,161 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,737Employer $ per active participant
$4,064Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$144.9MNet plan assets, end of year
$59,275Average balance per account
Score breakdown
- Employer generosity48.4 / 5097th percentile for employer $ per participant
- Low cost22.6 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score91 / 100 · Grade A
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 90th |
| Employee saving | 67th |
| Peers that auto-enroll | 48% |
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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
- James Avery Craftsman put in about $3,737 per active participant, more than the typical peer ($743). 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 | $8,076,266 |
| Participant (employee) contributions | $8,781,700 |
| Other contributions (incl. rollovers in) | $609,879 |
| Administrative expenses paid from the plan | $54,646 |
| Contract administrator fees | $54,646 |
| Benefits paid out | $15,231,387 |
| Net assets, start / end of year | $126.8M / $144.9M |
| Active participants, start / end of year | 2,224 / 2,098 |
| Participants with account balances | 2,445 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $54,646 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006124744NAL0003431249001, received 2025-10-06, EIN 74-1535732, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.