The Systems Group 401(k) Review & Grade
The Systems Group 401(k) and Profit Sharing Plan
El Dorado, ARConstruction832 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,080Employer $ per active participant
$3,718Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$23.6MNet plan assets, end of year
$37,148Average balance per account
Score breakdown
- Employer generosity17.6 / 5035th percentile for employer $ per participant
- Low cost17.7 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 71th |
| Employee saving | 48th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Auditor concern: the independent auditor gave a qualified or adverse opinion.
Corrective distributions: the plan refunded $157,117 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Systems Group put in about $1,080 per active participant, below the typical peer ($1,672). 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 | $898,348 |
| Participant (employee) contributions | $3,093,228 |
| Other contributions (incl. rollovers in) | $170,225 |
| Administrative expenses paid from the plan | $25,396 |
| Contract administrator fees | $25,396 |
| Benefits paid out | $4,527,692 |
| Net assets, start / end of year | $21.4M / $23.6M |
| Active participants, start / end of year | 612 / 1,052 |
| Participants with account balances | 635 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Frost PLLC |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $73,729 reported compensation |
| Principal Life Insurance Company | $25,396 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930151932NAL0015097200001, received 2025-09-30, EIN 33-1435693, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.