E J Stewart Inc. 401(k) Review & Grade
Commonwealth Savings Plan
Springfield, PAReal Estate & Rental770 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$113Employer $ per active participant
$716Employee $ saved per active participant
1.09%Direct admin cost, % of plan assets
$3.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity2.8 / 506th percentile for employer $ per participant
- Low cost1.4 / 255th percentile for low admin cost vs. same-size plans
- Employee saving0.8 / 155th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score8 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 5th |
| Employee saving | 5th |
| Peers that auto-enroll | 47% |
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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
- E J Stewart put in about $113 per active participant, below the typical peer ($1,279). 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.
- Direct plan expenses (1.09% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $86,837 |
| Participant (employee) contributions | $551,053 |
| Other contributions (incl. rollovers in) | $174,463 |
| Administrative expenses paid from the plan | $38,003 |
| Investment advisory & management fees | $8,174 |
| Benefits paid out | $531,211 |
| Net assets, start / end of year | $3.2M / $3.8M |
| Active participants, start / end of year | 773 / 766 |
| Participants with account balances | 190 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Maillie LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $29,828 reported compensation |
| M. Holdings Securities, Inc. | $8,174 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015055627NAL0005483792001, received 2025-10-15, EIN 23-1735490, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.