M.C. LLC 401(k) Review & Grade
Anthony & Joann Fanticola Family LTD Partnership 401(k) Profit Sharing Plan
Tustin, CAOther Services826 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,126Employer $ per active participant
$1,032Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$12.6MNet plan assets, end of year
$22,695Average balance per account
Score breakdown
- Employer generosity23.0 / 5046th percentile for employer $ per participant
- Low cost15.6 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 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 | 46th |
| Lower admin cost | 62th |
| Employee saving | 26th |
| Peers that auto-enroll | 40% |
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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 ($34,955 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
- M.C. put in about $1,126 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.
- 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 | $930,274 |
| Participant (employee) contributions | $852,092 |
| Other contributions (incl. rollovers in) | $57,868 |
| Administrative expenses paid from the plan | $17,695 |
| Investment advisory & management fees | $15,313 |
| Benefits paid out | $704,128 |
| Net assets, start / end of year | $10.3M / $12.6M |
| Active participants, start / end of year | 848 / 804 |
| Participants with account balances | 553 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wright Ford Young & Co. |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $15,313 reported compensation |
| Jpmorgan Invest Holdings LLC | $2,382 reported compensation |
| Empower Annuity Insurance Company O | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014175022NAL0001742291001, received 2025-10-14, EIN 33-1109067, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.