Scribe Opco, Inc. DBA Koozie Group 401(k) Review & Grade
Koozie Group 401(k) Savings and Investment Plan
Clearwater, FLProfessional, Scientific & Technical Services1,320 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$802Employer $ per active participant
$2,266Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$39.1MNet plan assets, end of year
$40,735Average balance per account
Score breakdown
- Employer generosity8.7 / 5017th percentile for employer $ per participant
- Low cost10.0 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 40th |
| Employee saving | 12th |
| Peers that auto-enroll | 48% |
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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
- Scribe Opco, Inc. DBA Koozie Group put in about $802 per active participant, below the typical peer ($3,082). 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 | $1,058,056 |
| Participant (employee) contributions | $2,991,582 |
| Other contributions (incl. rollovers in) | $406,556 |
| Administrative expenses paid from the plan | $111,946 |
| Benefits paid out | $4,120,959 |
| Net assets, start / end of year | $34.3M / $39.1M |
| Active participants, start / end of year | 1,359 / 1,281 |
| Participants with account balances | 961 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| The Vanguard Group Inc. | $111,546 reported compensation |
| Fidelity Investments Institutional | $400 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015134730NAL0009549362001, received 2025-10-15, EIN 82-1795538, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.