Security Services Holdings LLC 401(k) Review & Grade
Protos Security 401(k) Plan
Norwalk, CTAdministrative, Support & Staffing Services7,130 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$121Employer $ per active participant
$575Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$38.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity18.5 / 5037th percentile for employer $ per participant
- Low cost13.3 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving4.7 / 1531th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 53th |
| Employee saving | 31th |
| Peers that auto-enroll | 22% |
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 ($49,447 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $31 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Security Services Holdings put in about $121 per active participant, below the typical peer ($342). 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.
- 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 | $866,222 |
| Participant (employee) contributions | $4,096,982 |
| Other contributions (incl. rollovers in) | $374,583 |
| Administrative expenses paid from the plan | $41,044 |
| Contract administrator fees | $30,400 |
| Investment advisory & management fees | $5,144 |
| Other admin expenses | $5,500 |
| Benefits paid out | $4,937,532 |
| Net assets, start / end of year | $33.8M / $38.7M |
| Active participants, start / end of year | 6,093 / 8,167 |
| Participants with account balances | 1,676 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Uhy LLP |
Largest service providers (Schedule C)
| Usi Advisors, Inc. | $57,377 reported compensation |
| Voya Retirement Insurance & Annuity | $36,820 reported compensation |
| Voya Retirement Advisors, LLC | $4,999 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007145344NAL0002559859001, received 2025-10-07, EIN 83-3358607, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.