Coop Shared Services, LLC 401(k) Review & Grade
Co-Op 401(k) Plan
Jerome, IDAgriculture, Forestry, Fishing & Hunting2,104 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,666Employer $ per active participant
$2,330Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$99.2MNet plan assets, end of year
$67,310Average balance per account
Score breakdown
- Employer generosity33.8 / 5068th percentile for employer $ per participant
- Low cost16.6 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1556th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 66th |
| Employee saving | 56th |
| Peers that auto-enroll | 36% |
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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
- Coop Shared Services put in about $1,666 per active participant, more than the typical peer ($774). 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.
- 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 | $3,505,387 |
| Participant (employee) contributions | $4,901,840 |
| Other contributions (incl. rollovers in) | $1,101,774 |
| Administrative expenses paid from the plan | $127,337 |
| Other admin expenses | $16,027 |
| Benefits paid out | $9,823,049 |
| Net assets, start / end of year | $89.1M / $99.2M |
| Active participants, start / end of year | 2,070 / 2,138 |
| Participants with account balances | 1,474 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Aldrich Cpas + Advisors LLP |
Largest service providers (Schedule C)
| Milliman Inc. | $56,497 reported compensation |
| Aldrich Cpas & Advisors LLP | $21,000 reported compensation |
| Charles Schwab Investment Mgmt | $15,257 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826110620NAL0008636017001, received 2025-08-26, EIN 81-4228205, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.