Talladega-Clay-Randolph Child 401(k) Review & Grade
Talladega Clay Randolph Child Care Corp. 401(k) Profit Sharing Plan
Talladega, ALHealth Care & Social Assistance538 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$425Employer $ per active participant
$610Employee $ saved per active participant
0.70%Direct admin cost, % of plan assets
$6.4MNet plan assets, end of year
$21,658Average balance per account
Score breakdown
- Employer generosity15.6 / 5031th percentile for employer $ per participant
- Low cost3.2 / 2513th percentile for low admin cost vs. same-size plans
- Employee saving2.1 / 1514th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 13th |
| Employee saving | 14th |
| Peers that auto-enroll | 36% |
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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 ($482 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Talladega-Clay-Randolph Child put in about $425 per active participant, below the typical peer ($976). 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.
- Direct plan expenses (0.70% 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 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 | $228,731 |
| Participant (employee) contributions | $328,525 |
| Other contributions (incl. rollovers in) | $52,143 |
| Administrative expenses paid from the plan | $40,977 |
| Investment advisory & management fees | $2,989 |
| Benefits paid out | $379,361 |
| Net assets, start / end of year | $5.3M / $6.4M |
| Active participants, start / end of year | 523 / 554 |
| Participants with account balances | 294 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bmss, LLC |
Largest service providers (Schedule C)
| Mutual of America Sec. Corp LLC | $28,094 reported compensation |
| Wilshire Associates Inc. | $2,989 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730094637NAL0002225555001, received 2025-07-30, EIN 63-0644300, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.