International Autos, Inc. 401(k) Review & Grade
International Autos Group 401(k) Plan
West Allis, WIRetail Trade604 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$426Employer $ per active participant
$2,588Employee $ saved per active participant
0.86%Direct admin cost, % of plan assets
$14.4MNet plan assets, end of year
$32,790Average balance per account
Score breakdown
- Employer generosity16.0 / 5032th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving6.5 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 32th |
| Lower admin cost | 9th |
| Employee saving | 43th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,400 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $30,866 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- International Autos put in about $426 per active participant, below the typical peer ($743). 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 (0.86% 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 | $257,264 |
| Participant (employee) contributions | $1,564,267 |
| Other contributions (incl. rollovers in) | $23,731 |
| Administrative expenses paid from the plan | $119,718 |
| Contract administrator fees | $1,707 |
| Investment advisory & management fees | $458 |
| Other admin expenses | $23,196 |
| Benefits paid out | $2,476,785 |
| Net assets, start / end of year | $13.4M / $14.4M |
| Active participants, start / end of year | 536 / 673 |
| Participants with account balances | 439 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cassell Plan Audits PC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $84,857 reported compensation |
| Plexus Financial Services, LLC | $15,000 reported compensation |
| Cassell Plan Audits Inc | $9,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002105608NAL0000388673001, received 2025-10-02, EIN 39-1825990, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.