Best Egg Services, Llcf/k/a Ma 401(k) Review & Grade
Best Egg 401(k) Plan
Wilmington, DEFinance & Insurance546 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,003Employer $ per active participant
$11,473Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$52.3MNet plan assets, end of year
$78,586Average balance per account
Score breakdown
- Employer generosity37.8 / 5076th percentile for employer $ per participant
- Low cost9.3 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 37th |
| Employee saving | 81th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,170,336 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,340 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Best Egg Services, Llcf/k/a Ma put in about $6,003 per active participant, more than the typical peer ($3,606). 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.
- 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,277,729 |
| Participant (employee) contributions | $6,264,249 |
| Other contributions (incl. rollovers in) | $1,257,018 |
| Administrative expenses paid from the plan | $152,640 |
| Investment advisory & management fees | $126,411 |
| Benefits paid out | $5,408,864 |
| Net assets, start / end of year | $40.6M / $52.3M |
| Active participants, start / end of year | 586 / 506 |
| Participants with account balances | 665 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Deloitte and Touche LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $99,856 reported compensation |
| Global Retirement Partners | $52,783 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015094622NAL0004217569001, received 2025-10-15, EIN 83-2312213, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.