FG, LLC DBA the Foundation Group 401(k) Review & Grade
TFG 401(k) Savings Plan
Sikeston, MOHealth Care & Social Assistance2,318 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$19Employer $ per active participant
$459Employee $ saved per active participant
0.60%Direct admin cost, % of plan assets
$12.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity4.9 / 5010th percentile for employer $ per participant
- Low cost4.4 / 2517th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score11 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 17th |
| Employee saving | 10th |
| 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
- FG, LLC DBA the Foundation Group put in about $19 per active participant, below the typical peer ($976). 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 (0.60% 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 | $43,246 |
| Participant (employee) contributions | $1,063,973 |
| Other contributions (incl. rollovers in) | $38,130 |
| Administrative expenses paid from the plan | $73,196 |
| Investment advisory & management fees | $73,196 |
| Benefits paid out | $2,456,127 |
| Net assets, start / end of year | $12.1M / $12.3M |
| Active participants, start / end of year | 2,315 / 2,321 |
| Participants with account balances | 420 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Van De Ven, LLC |
Largest service providers (Schedule C)
| Lincoln National Corporation | $60,825 reported compensation |
| Benefit Plans Plus | $12,372 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014105701NAL0002683329001, received 2025-10-14, EIN 81-4579176, plan #333, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.