King George, LLC 401(k) Review & Grade
King George 401(k) Plan
Fort Worth, TXAdministrative, Support & Staffing Services1,018 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,760Employer $ per active participant
$1,141Employee $ saved per active participant
0.47%Direct admin cost, % of plan assets
$14.3MNet plan assets, end of year
$15,366Average balance per account
Score breakdown
- Employer generosity43.5 / 5087th percentile for employer $ per participant
- Low cost6.2 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving5.4 / 1536th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 25th |
| Employee saving | 36th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($695,414 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- King George put in about $2,760 per active participant, more than the typical peer ($712). 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.
- Direct plan expenses (0.47% 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $2,807,834 |
| Participant (employee) contributions | $1,160,662 |
| Other contributions (incl. rollovers in) | $573,245 |
| Administrative expenses paid from the plan | $59,995 |
| Contract administrator fees | $26,386 |
| Investment advisory & management fees | $33,609 |
| Benefits paid out | $2,819,724 |
| Net assets, start / end of year | $11.1M / $14.3M |
| Active participants, start / end of year | 1,100 / 935 |
| Participants with account balances | 929 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Russon + Jonston LLP |
Largest service providers (Schedule C)
| Sageview Advisory Group | $33,609 reported compensation |
| Stancorp Financial Group | $26,386 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260817135841NAL0017133760001, received 2026-08-17, EIN 45-2208512, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.