Contran Corporation 401(k) Review & Grade
The Employee 401(k) Retirement Plan
Dallas, TXManagement of Companies962 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,382Employer $ per active participant
$9,473Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$293.3MNet plan assets, end of year
$252,156Average balance per account
Score breakdown
- Employer generosity45.3 / 5091th percentile for employer $ per participant
- Low cost24.1 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score88 / 100 · Grade A
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 96th |
| Employee saving | 78th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Corrective distributions: the plan refunded $13,100 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Contran put in about $8,382 per active participant, more than the typical peer ($2,492). 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.
- 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 | $8,063,802 |
| Participant (employee) contributions | $9,113,501 |
| Other contributions (incl. rollovers in) | $680,830 |
| Administrative expenses paid from the plan | $44,892 |
| Contract administrator fees | $1,800 |
| Benefits paid out | $32,662,809 |
| Net assets, start / end of year | $269.5M / $293.3M |
| Active participants, start / end of year | 993 / 931 |
| Participants with account balances | 1,163 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Sutton Frost Cary LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $24,892 reported compensation |
| Baker Hostetler | $20,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009112642NAL0006909985001, received 2025-10-09, EIN 74-1646336, plan #460, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.