Bozzuto's, Inc. 401(k) Review & Grade
Bozzuto's, Inc. Corporate Stores 401(k) Plan
Cheshire, CTRetail Trade725 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$307Employer $ per active participant
$1,701Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$12.8MNet plan assets, end of year
$17,091Average balance per account
Score breakdown
- Employer generosity11.7 / 5023th percentile for employer $ per participant
- Low cost19.2 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 77th |
| Employee saving | 28th |
| Peers that auto-enroll | 48% |
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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
- Bozzuto's put in about $307 per active participant, below the typical peer ($743). 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 | $222,522 |
| Participant (employee) contributions | $1,233,347 |
| Other contributions (incl. rollovers in) | $536,632 |
| Administrative expenses paid from the plan | $10,632 |
| Investment advisory & management fees | $1,978 |
| Benefits paid out | $1,750,936 |
| Net assets, start / end of year | $11.1M / $12.8M |
| Active participants, start / end of year | 572 / 878 |
| Participants with account balances | 749 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $8,654 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010161547NAL0012979328001, received 2025-10-10, EIN 06-1383248, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.