M.a. Brightbill Body Works, Inc. 401(k) Review & Grade
M.a. Brightbill Body Works, Inc. 401(k) Profit Sharing Plan
Lebanon, PAOther Services558 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$299Employer $ per active participant
$822Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$13.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity11.3 / 5023th percentile for employer $ per participant
- Low cost21.3 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving2.9 / 1520th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 85th |
| Employee saving | 20th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $9,186 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- M.a. Brightbill Body Works put in about $299 per active participant, below the typical peer ($1,257). 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.
- 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.
- 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 | $166,647 |
| Participant (employee) contributions | $458,023 |
| Other contributions (incl. rollovers in) | $76,834 |
| Administrative expenses paid from the plan | $7,085 |
| Contract administrator fees | $7,085 |
| Benefits paid out | $420,067 |
| Net assets, start / end of year | $11.6M / $13.2M |
| Active participants, start / end of year | 534 / 581 |
| Participants with account balances | 146 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Locke & Welsh, P.C. |
Largest service providers (Schedule C)
| Newport Group, Inc. | $7,085 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250917121425NAL0000244259001, received 2025-09-17, EIN 23-1320479, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.