Puma North America, Inc. 401(k) Review & Grade
Puma North America, Inc. 401(k) Plan
Somerville, MAWholesale Trade2,422 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,615Employer $ per active participant
$3,891Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$129.6MNet plan assets, end of year
$91,424Average balance per account
Score breakdown
- Employer generosity22.2 / 5044th percentile for employer $ per participant
- Low cost15.5 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 62th |
| Employee saving | 37th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Corrective distributions: the plan refunded $9,231 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Puma North America put in about $1,615 per active participant, below the typical peer ($1,792). 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.
- 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.
- 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 | $3,911,195 |
| Participant (employee) contributions | $9,422,212 |
| Other contributions (incl. rollovers in) | $2,205,610 |
| Administrative expenses paid from the plan | $185,191 |
| Contract administrator fees | $2,100 |
| Investment advisory & management fees | $144,328 |
| Other admin expenses | $8,342 |
| Benefits paid out | $10,002,297 |
| Net assets, start / end of year | $108.1M / $129.6M |
| Active participants, start / end of year | 2,018 / 2,825 |
| Participants with account balances | 1,418 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Osaic Wealth Inc | $102,428 reported compensation |
| Strategic Advisors, Inc. | $41,900 reported compensation |
| Caron & Bletzer, PLLC | $14,580 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250728114129NAL0001964993001, received 2025-07-28, EIN 04-3280787, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.