Twin Liquors, LP 401(k) Review & Grade
Twin Liquors 401(k) Retirement Savings Plan
Austin, TXRetail Trade664 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,037Employer $ per active participant
$2,337Employee $ saved per active participant
0.82%Direct admin cost, % of plan assets
$13.5MNet plan assets, end of year
$18,786Average balance per account
Score breakdown
- Employer generosity31.3 / 5063th percentile for employer $ per participant
- Low cost2.4 / 259th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 9th |
| Employee saving | 39th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Twin Liquors, LP put in about $1,037 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.82% 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 | $687,826 |
| Participant (employee) contributions | $1,550,437 |
| Other contributions (incl. rollovers in) | $40,548 |
| Administrative expenses paid from the plan | $101,268 |
| Investment advisory & management fees | $22,500 |
| Benefits paid out | $1,127,514 |
| Net assets, start / end of year | $11.1M / $13.5M |
| Active participants, start / end of year | 702 / 625 |
| Participants with account balances | 718 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Armanino LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $78,601 reported compensation |
| Captrust Financial Advisors | $22,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006090207NAL0003395489002, received 2025-10-06, EIN 74-2212335, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.