Castle Personnel Group, LLC 401(k) Review & Grade
Castle Personnel Group, LLC 401(k) Plan
Meridian, MSConstruction611 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$955Employer $ per active participant
$1,933Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$18.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity15.4 / 5031th percentile for employer $ per participant
- Low cost23.2 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving3.2 / 1521th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 93th |
| Employee saving | 21th |
| Peers that auto-enroll | 44% |
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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
- Castle Personnel Group put in about $955 per active participant, below the typical peer ($1,672). 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 | $583,787 |
| Participant (employee) contributions | $1,181,175 |
| Other contributions (incl. rollovers in) | $375,313 |
| Administrative expenses paid from the plan | $5,002 |
| Investment advisory & management fees | $3,334 |
| Benefits paid out | $487,060 |
| Net assets, start / end of year | $14.7M / $18.5M |
| Active participants, start / end of year | 679 / 543 |
| Participants with account balances | 199 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Horne LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $1,669 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009125454NAL0003925555001, received 2025-10-09, EIN 26-4776137, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.