Superior Beverage Group, LTD. 401(k) Review & Grade
Superior Beverage Group 401(k) Retirement Savings Plan
Lewis Center, OHWholesale Trade550 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,440Employer $ per active participant
$3,794Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$49.8MNet plan assets, end of year
$88,337Average balance per account
Score breakdown
- Employer generosity19.4 / 5039th percentile for employer $ per participant
- Low cost24.3 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1535th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 39th |
| Lower admin cost | 97th |
| Employee saving | 35th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($591 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $249 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Superior Beverage Group put in about $1,440 per active participant, below the typical peer ($1,792). 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 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 | $792,079 |
| Participant (employee) contributions | $2,086,515 |
| Other contributions (incl. rollovers in) | $4,139 |
| Administrative expenses paid from the plan | $5,460 |
| Contract administrator fees | $220 |
| Benefits paid out | $2,830,053 |
| Net assets, start / end of year | $43.2M / $49.8M |
| Active participants, start / end of year | 551 / 549 |
| Participants with account balances | 564 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Packer Thomas & Company |
Largest service providers (Schedule C)
| Newport Group, Inc. | $5,460 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923132509NAL0006877040001, received 2025-09-23, EIN 34-1447065, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.