Malco Management Company 401(k) Review & Grade
Malco Management Company 401(k) Plan
Memphis, TNInformation772 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$388Employer $ per active participant
$538Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$10.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.3 / 5013th percentile for employer $ per participant
- Low cost19.6 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving0.3 / 152th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 13th |
| Lower admin cost | 78th |
| Employee saving | 2th |
| Peers that auto-enroll | 59% |
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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
- Malco Management put in about $388 per active participant, below the typical peer ($2,829). 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 | $300,000 |
| Participant (employee) contributions | $415,523 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $8,376 |
| Benefits paid out | $792,571 |
| Net assets, start / end of year | $9.4M / $10.9M |
| Active participants, start / end of year | 618 / 927 |
| Participants with account balances | 195 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | The Marston Group, PLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $8,376 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923145358NAL0006483361001, received 2025-09-23, EIN 62-1571990, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.