Reinhold Electric, Inc. 401(k) Review & Grade
Reinhold Electric, Inc. Employee Profit Sharing & 401k Plan
Saint Louis, MOConstruction527 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$504Employer $ per active participant
$1,831Employee $ saved per active participant
0.55%Direct admin cost, % of plan assets
$18.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity8.4 / 5017th percentile for employer $ per participant
- Low cost5.1 / 2520th percentile for low admin cost vs. same-size plans
- Employee saving2.8 / 1519th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score9 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 20th |
| Employee saving | 19th |
| Peers that auto-enroll | 44% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($42,193 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
- Reinhold Electric put in about $504 per active participant, below the typical peer ($1,672). 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 (0.55% 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 | $265,854 |
| Participant (employee) contributions | $964,823 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $94,347 |
| Other admin expenses | $94,347 |
| Benefits paid out | $344,606 |
| Net assets, start / end of year | $15.8M / $18.5M |
| Active participants, start / end of year | 499 / 555 |
| Participants with account balances | 144 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Uhy LLP |
Largest service providers (Schedule C)
| Edward D Jones & Co | $42,129 reported compensation |
| Benefit Plans Plus | $10,697 reported compensation |
| Empower Annuity Insurance Company | $841 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250910090640NAL0013349219001, received 2025-09-10, EIN 43-1409687, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.