The Love Companies 401(k) Review & Grade
The Love Companies 401(k) Plan
Saint Louis, MOReal Estate & Rental1,106 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$577Employer $ per active participant
$2,067Employee $ saved per active participant
1.17%Direct admin cost, % of plan assets
$18.6MNet plan assets, end of year
$13,317Average balance per account
Score breakdown
- Employer generosity12.4 / 5025th percentile for employer $ per participant
- Low cost1.2 / 255th percentile for low admin cost vs. same-size plans
- Employee saving4.0 / 1527th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 5th |
| Employee saving | 27th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Love Companies put in about $577 per active participant, below the typical peer ($1,279). 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 (1.17% 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 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 | $637,707 |
| Participant (employee) contributions | $2,286,356 |
| Other contributions (incl. rollovers in) | $238,733 |
| Administrative expenses paid from the plan | $203,590 |
| Contract administrator fees | $186,370 |
| Benefits paid out | $2,244,904 |
| Net assets, start / end of year | $16.1M / $18.6M |
| Active participants, start / end of year | 1,004 / 1,208 |
| Participants with account balances | 1,396 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $186,370 reported compensation |
| Morgan Stanley Smith Barney LLC | $48,513 reported compensation |
| Forvis, LLP | $17,220 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251204074649NAL0003840002001, received 2025-12-04, EIN 43-0383910, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.