Andrews Distributing Company of North Texas, LLC 401(k) Review & Grade
Andrews Distributing Company 401(k) Plan
Dallas, TXWholesale Trade1,842 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,632Employer $ per active participant
$5,013Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$110.0MNet plan assets, end of year
$51,531Average balance per account
Score breakdown
- Employer generosity22.6 / 5045th percentile for employer $ per participant
- Low cost15.4 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score53 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 62th |
| Employee saving | 55th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Corrective distributions: the plan refunded $44,039 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Andrews Distributing Company of North Texas put in about $1,632 per active participant, below the typical peer ($1,792). 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 | $3,006,153 |
| Participant (employee) contributions | $9,236,023 |
| Other contributions (incl. rollovers in) | $186,092 |
| Administrative expenses paid from the plan | $162,141 |
| Contract administrator fees | $300 |
| Benefits paid out | $12,120,478 |
| Net assets, start / end of year | $95.6M / $110.0M |
| Active participants, start / end of year | 1,797 / 1,888 |
| Participants with account balances | 2,134 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $162,141 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007125924NAL0007927360001, received 2025-10-07, EIN 03-0509514, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.