Oneonta Trading Corporation 401(k) Review & Grade
Custone 401(k) Plan
Wenatchee, WAAgriculture, Forestry, Fishing & Hunting1,028 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$317Employer $ per active participant
$585Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$16.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity11.5 / 5023th percentile for employer $ per participant
- Low cost8.4 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving1.9 / 1513th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score15 / 100 · Grade F
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 34th |
| Employee saving | 13th |
| Peers that auto-enroll | 36% |
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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 ($9,351 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
- Oneonta Trading put in about $317 per active participant, below the typical peer ($774). 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.
- Direct plan expenses (0.37% 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 | $326,348 |
| Participant (employee) contributions | $601,191 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $64,912 |
| Contract administrator fees | $64,912 |
| Benefits paid out | $6,468,854 |
| Net assets, start / end of year | $19.4M / $16.1M |
| Active participants, start / end of year | 706 / 1,350 |
| Participants with account balances | 363 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Bensler LLC DBA SCS | $32,397 reported compensation |
| Empower Annuity Insurance Company O | $23,252 reported compensation |
| Empower Advisory Group, LLC | $11,252 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250709095638NAL0007447520001, received 2025-07-09, EIN 91-0348108, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.