Watsontown Trucking Company 401(k) Review & Grade
Watsontown Trucking Company Retirement Plan
Milton, PATransportation & Warehousing974 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$282Employer $ per active participant
$1,692Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$11.0MNet plan assets, end of year
–Average balance per account
Score breakdown
- Employer generosity6.9 / 5014th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 14th |
| Lower admin cost | 55th |
| Employee saving | 26th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $4,791 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Watsontown Trucking put in about $282 per active participant, below the typical peer ($1,070). 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.
- 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 | $274,607 |
| Participant (employee) contributions | $1,647,534 |
| Other contributions (incl. rollovers in) | $206,916 |
| Administrative expenses paid from the plan | $20,005 |
| Contract administrator fees | $20,005 |
| Benefits paid out | $1,732,939 |
| Net assets, start / end of year | $9.3M / $11.0M |
| Active participants, start / end of year | 948 / 1,000 |
| Participants with account balances | 0 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Campbell, Rappold & Yurasits, LLP |
Largest service providers (Schedule C)
| Capital Group Retirement Plan Servi | $20,005 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014095347NAL0001200563001, received 2025-10-14, EIN 24-0836088, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.