Four Hands, LLC 401(k) Review & Grade
Four Hands, LLC 401(k) Profit Sharing Plan
Austin, TXWholesale Trade616 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,218Employer $ per active participant
$4,616Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$30.0MNet plan assets, end of year
$76,052Average balance per account
Score breakdown
- Employer generosity30.0 / 5060th percentile for employer $ per participant
- Low cost10.9 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving7.3 / 1549th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 44th |
| Employee saving | 49th |
| Peers that auto-enroll | 53% |
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
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Four Hands put in about $2,218 per active participant, more than the typical peer ($1,792). 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 | $1,366,246 |
| Participant (employee) contributions | $2,843,416 |
| Other contributions (incl. rollovers in) | $584,719 |
| Administrative expenses paid from the plan | $74,046 |
| Contract administrator fees | $8,484 |
| Investment advisory & management fees | $65,562 |
| Benefits paid out | $2,161,032 |
| Net assets, start / end of year | $23.7M / $30.0M |
| Active participants, start / end of year | 556 / 676 |
| Participants with account balances | 395 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricekubecka, PLLC |
Largest service providers (Schedule C)
| The Ussery Group Inc | $65,569 reported compensation |
| Principal Life Insurance Company | $8,483 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010142829NAL0004700403001, received 2025-10-10, EIN 47-5236926, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.