Primary Aim, LLC 401(k) Review & Grade
Primary Aim, LLC Retirement Savings Plan
Zanesville, OHAccommodation & Food Services548 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$250Employer $ per active participant
$536Employee $ saved per active participant
1.10%Direct admin cost, % of plan assets
$6.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity24.1 / 5048th percentile for employer $ per participant
- Low cost1.4 / 255th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1533th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 5th |
| Employee saving | 33th |
| 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
- Primary Aim put in about $250 per active participant, below the typical peer ($266). 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 (1.10% 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 | $137,219 |
| Participant (employee) contributions | $293,797 |
| Other contributions (incl. rollovers in) | $142,274 |
| Administrative expenses paid from the plan | $77,105 |
| Benefits paid out | $2,063,453 |
| Net assets, start / end of year | $7.4M / $6.7M |
| Active participants, start / end of year | 861 / 236 |
| Participants with account balances | 102 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Rea & Associates |
Largest service providers (Schedule C)
| Park National Bank | $60,699 reported compensation |
| Rea & Associates, Inc. | $16,406 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015113819NAL0006129440003, received 2025-10-15, EIN 31-1669790, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.