Stark Properties Inc 401(k) Review & Grade
Stark Properties Inc Deferred Salary PSP
Jackson, GARetail Trade1,448 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,249Employer $ per active participant
$1,580Employee $ saved per active participant
0.77%Direct admin cost, % of plan assets
$25.0MNet plan assets, end of year
$29,384Average balance per account
Score breakdown
- Employer generosity34.9 / 5070th percentile for employer $ per participant
- Low cost2.7 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1525th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 11th |
| Employee saving | 25th |
| 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
Corrective distributions: the plan refunded $262,961 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Stark Properties put in about $1,249 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 (0.77% 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.
- 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 | $1,808,195 |
| Participant (employee) contributions | $2,287,223 |
| Other contributions (incl. rollovers in) | $197,412 |
| Administrative expenses paid from the plan | $176,020 |
| Contract administrator fees | $61,501 |
| Investment advisory & management fees | $23,266 |
| Benefits paid out | $1,690,136 |
| Net assets, start / end of year | $20.8M / $25.0M |
| Active participants, start / end of year | 1,601 / 1,294 |
| Participants with account balances | 850 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bennett Thrasher LLP |
Largest service providers (Schedule C)
| John Hancock Life Insurance Co | $8,481 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006095652NAL0001971827001, received 2025-10-06, EIN 58-1343245, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.