Pace Supply Corporation 401(k) Review & Grade
Pace Supply Corp. 401(k) Plan
Rohnert Park, CAWholesale Trade1,564 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,651Employer $ per active participant
$4,963Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$99.4MNet plan assets, end of year
$69,677Average balance per account
Score breakdown
- Employer generosity34.3 / 5069th percentile for employer $ per participant
- Low cost10.6 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1555th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 42th |
| Employee saving | 55th |
| Peers that auto-enroll | 53% |
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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 ($2,809 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
- Pace Supply put in about $2,651 per active participant, more than the typical peer ($1,792). 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.
- 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 | $4,148,162 |
| Participant (employee) contributions | $7,764,362 |
| Other contributions (incl. rollovers in) | $4,129,478 |
| Administrative expenses paid from the plan | $257,305 |
| Benefits paid out | $8,644,519 |
| Net assets, start / end of year | $81.1M / $99.4M |
| Active participants, start / end of year | 1,532 / 1,597 |
| Participants with account balances | 1,426 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Empower Advisory Group, LLC | $133,015 reported compensation |
| Empower Annuity Insurance Company | $94,290 reported compensation |
| Three Bell Capital LLC | $30,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250728102107NAL0002710912001, received 2025-07-28, EIN 68-0335304, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.