The Giant Company LLC 401(k) Review & Grade
The Giant Company 401(k) Plan
Carlisle, PARetail Trade36,736 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$626Employer $ per active participant
$1,077Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$991.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity21.5 / 5043th percentile for employer $ per participant
- Low cost14.8 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1531th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 10,000+ active participants (124 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 59th |
| Employee saving | 31th |
| Peers that auto-enroll | 32% |
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Red flags from the filing
Corrective distributions: the plan refunded $227 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Giant Company put in about $626 per active participant, below the typical peer ($689). 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.
- 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 | $23,013,317 |
| Participant (employee) contributions | $39,575,335 |
| Other contributions (incl. rollovers in) | $2,682,616 |
| Administrative expenses paid from the plan | $657,825 |
| Contract administrator fees | $3,000 |
| Investment advisory & management fees | $13,896 |
| Benefits paid out | $90,487,269 |
| Net assets, start / end of year | $910.3M / $991.5M |
| Active participants, start / end of year | 36,374 / 37,097 |
| Participants with account balances | 17,375 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Newman & Noyes LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $638,097 reported compensation |
| Aon Investments USA Inc. | $13,896 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008082205NAL0012881170001, received 2025-10-08, EIN 25-1869011, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.