PCF Insurance Services of the West, LLC 401(k) Review & Grade
PCF 401(k) Plan
Lindon, UTFinance & Insurance2,631 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,678Employer $ per active participant
$5,012Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$109.1MNet plan assets, end of year
$56,382Average balance per account
Score breakdown
- Employer generosity4.8 / 5010th percentile for employer $ per participant
- Low cost6.9 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score16 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 2,500–9,999 active participants (199 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 27th |
| Employee saving | 12th |
| Peers that auto-enroll | 66% |
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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
- PCF Insurance Services of the West put in about $1,678 per active participant, below the typical peer ($4,489). 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 (0.25% of assets) are well above similar-size plans (0.12%). 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 | $4,414,337 |
| Participant (employee) contributions | $13,186,847 |
| Other contributions (incl. rollovers in) | $5,599,990 |
| Administrative expenses paid from the plan | $245,562 |
| Investment advisory & management fees | $35,194 |
| Other admin expenses | $61,745 |
| Benefits paid out | $10,908,825 |
| Net assets, start / end of year | $84.0M / $109.1M |
| Active participants, start / end of year | 2,569 / 2,693 |
| Participants with account balances | 1,935 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $125,623 reported compensation |
| R-Tech Consultants, Inc | $61,745 reported compensation |
| Monarch Plan Advisors | $30,552 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250716111024NAL0001896099001, received 2025-07-16, EIN 82-1368960, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.