Manito Super 1 Foods Inc. 401(k) Review & Grade
Montana Retirement Choices Multiple Employer Plan As Adopted by Manito Super 1 Foods, Inc.
Rathdrum, IDRetail Trade716 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$743Employer $ per active participant
$1,312Employee $ saved per active participant
0.38%Direct admin cost, % of plan assets
$24.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity25.0 / 5050th percentile for employer $ per participant
- Low cost8.1 / 2532th percentile for low admin cost vs. same-size plans
- Employee saving3.2 / 1521th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 32th |
| Employee saving | 21th |
| 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
- Manito Super 1 Foods put in about $743 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.
- Direct plan expenses (0.38% 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.
- 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 | $532,353 |
| Participant (employee) contributions | $939,867 |
| Other contributions (incl. rollovers in) | $544,514 |
| Administrative expenses paid from the plan | $87,297 |
| Contract administrator fees | $87,297 |
| Benefits paid out | $2,793,327 |
| Net assets, start / end of year | $22.0M / $24.1M |
| Active participants, start / end of year | 709 / 724 |
| Participants with account balances | 261 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen, LLP |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $54,719 reported compensation |
| Pentegra Services Inc | $16,966 reported compensation |
| Empower Annuity Insurance Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008111843NAL0005465249001, received 2025-10-08, EIN 82-0439518, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.