Mount Airy #1, LLC 401(k) Review & Grade
Mount Airy #1, LLC Retirement Savings Plan
MT. Pocono, PAArts, Entertainment & Recreation791 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$439Employer $ per active participant
$2,427Employee $ saved per active participant
0.90%Direct admin cost, % of plan assets
$16.0MNet plan assets, end of year
$16,499Average balance per account
Score breakdown
- Employer generosity15.0 / 5030th percentile for employer $ per participant
- Low cost2.0 / 258th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 8th |
| Employee saving | 52th |
| Peers that auto-enroll | 38% |
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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
- Mount Airy #1 put in about $439 per active participant, below the typical peer ($995). 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 (0.90% 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.
- 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 | $347,029 |
| Participant (employee) contributions | $1,919,637 |
| Other contributions (incl. rollovers in) | $2,648 |
| Administrative expenses paid from the plan | $136,667 |
| Contract administrator fees | $121,724 |
| Investment advisory & management fees | $3,143 |
| Benefits paid out | $2,200,340 |
| Net assets, start / end of year | $14.3M / $16.0M |
| Active participants, start / end of year | 810 / 772 |
| Participants with account balances | 971 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kronick, Kalada, Berdy & Co |
Largest service providers (Schedule C)
| John Hancock Retirement Plan Svcs | $122,099 reported compensation |
| Kronick, Kalada Berdy and Co | $11,800 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010145624NAL0004728515001, received 2025-10-10, EIN 20-1454362, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.