Foundation Partners Group, LLC 401(k) Review & Grade
Foundation Partners Group, LLC Retirement Savings Plan
Winter Park, FLOther Services1,502 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4Employer $ per active participant
$2,791Employee $ saved per active participant
0.92%Direct admin cost, % of plan assets
$31.6MNet plan assets, end of year
$22,474Average balance per account
Score breakdown
- Employer generosity2.9 / 506th percentile for employer $ per participant
- Low cost1.9 / 258th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 8th |
| Employee saving | 55th |
| Peers that auto-enroll | 40% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($4,899 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $306,662 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Foundation Partners Group put in about $4 per active participant, below the typical peer ($1,257). 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 (0.92% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $6,157 |
| Participant (employee) contributions | $4,194,038 |
| Other contributions (incl. rollovers in) | $980,897 |
| Administrative expenses paid from the plan | $271,374 |
| Contract administrator fees | $16,264 |
| Investment advisory & management fees | $88,996 |
| Benefits paid out | $3,823,427 |
| Net assets, start / end of year | $27.2M / $31.6M |
| Active participants, start / end of year | 1,588 / 1,417 |
| Participants with account balances | 1,406 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $130,939 reported compensation |
| World Investment Advisors, LLC | $88,996 reported compensation |
| Cbiz Cpas P.C. | $35,175 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925152445NAL0010675491001, received 2025-09-25, EIN 27-2399927, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.