Tots in Tow LLC 401(k) Review & Grade
Tots in Tow LLC 401k Plan
Austin, TXHealth Care & Social Assistance638 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$642Employer $ per active participant
$1,423Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$3.8MNet plan assets, end of year
$4,558Average balance per account
Score breakdown
- Employer generosity20.2 / 5040th percentile for employer $ per participant
- Low cost10.9 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving4.8 / 1532th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 43th |
| Employee saving | 32th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $9,996 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Tots in Tow put in about $642 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.
- 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 | $409,415 |
| Participant (employee) contributions | $907,824 |
| Other contributions (incl. rollovers in) | $56,859 |
| Administrative expenses paid from the plan | $8,705 |
| Benefits paid out | $333,318 |
| Net assets, start / end of year | $2.5M / $3.8M |
| Active participants, start / end of year | 610 / 666 |
| Participants with account balances | 839 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $8,704 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015163922NAL0006798512001, received 2025-10-15, EIN 45-2723108, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.