Rugby Holdings LLC 401(k) Review & Grade
Rugby 401(k) Plan
Concord, NHRetail Trade656 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,126Employer $ per active participant
$4,895Employee $ saved per active participant
0.54%Direct admin cost, % of plan assets
$33.0MNet plan assets, end of year
$44,120Average balance per account
Score breakdown
- Employer generosity33.4 / 5067th percentile for employer $ per participant
- Low cost5.2 / 2521th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 67th |
| Lower admin cost | 21th |
| Employee saving | 81th |
| Peers that auto-enroll | 48% |
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 ($16,022 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $3,167 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Rugby Holdings put in about $1,126 per active participant, more than the typical peer ($743). 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 (0.54% 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.
- 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 | $738,490 |
| Participant (employee) contributions | $3,211,263 |
| Other contributions (incl. rollovers in) | $305,920 |
| Administrative expenses paid from the plan | $164,456 |
| Investment advisory & management fees | $75,162 |
| Benefits paid out | $2,863,877 |
| Net assets, start / end of year | $28.2M / $33.0M |
| Active participants, start / end of year | 646 / 666 |
| Participants with account balances | 748 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $76,465 reported compensation |
| DS Investment Advisors | $75,162 reported compensation |
| Cliftonlarsonallen LLP | $12,829 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923192433NAL0006074769001, received 2025-09-23, EIN 81-2554323, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.