Peter Defries Corporation D/B/A/ Dion's 401(k) Review & Grade
Peter Defries Corp 401k Plan
Albuquerque, NMAccommodation & Food Services522 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,551Employer $ per active participant
$2,153Employee $ saved per active participant
0.53%Direct admin cost, % of plan assets
$21.2MNet plan assets, end of year
$30,427Average balance per account
Score breakdown
- Employer generosity46.7 / 5093th percentile for employer $ per participant
- Low cost5.3 / 2521th percentile for low admin cost vs. same-size plans
- Employee saving13.0 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 21th |
| Employee saving | 86th |
| Peers that auto-enroll | 17% |
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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
- Peter Defries Corporation D/B/A/ Dion's put in about $1,551 per active participant, more than the typical peer ($266). 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 (0.53% 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $809,756 |
| Participant (employee) contributions | $1,123,887 |
| Other contributions (incl. rollovers in) | $5,847 |
| Administrative expenses paid from the plan | $107,335 |
| Benefits paid out | $2,758,572 |
| Net assets, start / end of year | $19.5M / $21.2M |
| Active participants, start / end of year | 544 / 500 |
| Participants with account balances | 698 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Sentinel Benefits Group LLC | $69,412 reported compensation |
| Usb Financial | $37,923 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260712162853NAL0002340467001, received 2026-07-12, EIN 85-0293433, plan #001, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.