CF United LLC 401(k) Review & Grade
United Pacific 401(k) Plan
Long Beach, CARetail Trade2,756 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$393Employer $ per active participant
$901Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$25.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity14.8 / 5030th percentile for employer $ per participant
- Low cost12.1 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving2.5 / 1516th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 48th |
| Employee saving | 16th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
Corrective distributions: the plan refunded $70,029 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- CF United put in about $393 per active participant, below the typical peer ($650). 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 | $1,084,639 |
| Participant (employee) contributions | $2,482,714 |
| Other contributions (incl. rollovers in) | $156,779 |
| Administrative expenses paid from the plan | $30,306 |
| Contract administrator fees | $30,306 |
| Benefits paid out | $3,075,800 |
| Net assets, start / end of year | $22.0M / $25.2M |
| Active participants, start / end of year | 2,811 / 2,702 |
| Participants with account balances | 871 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Withumsmith+brown PC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $30,305 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013120753NAL0002793218001, received 2025-10-13, EIN 36-4774923, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.