Positive Development, Inc. 401(k) Review & Grade
Positive Development 401(k) Plan
Mclean, VAProfessional, Scientific & Technical Services604 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$418Employer $ per active participant
$950Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$5.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.1 / 5012th percentile for employer $ per participant
- Low cost17.8 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving0.7 / 155th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 71th |
| Employee saving | 5th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
What to do if you're in this plan
- Positive Development put in about $418 per active participant, below the typical peer ($3,082). 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.
- 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 | $252,204 |
| Participant (employee) contributions | $573,049 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $5,855 |
| Contract administrator fees | $5,754 |
| Investment advisory & management fees | $1 |
| Other admin expenses | $100 |
| Benefits paid out | $60,206 |
| Net assets, start / end of year | $0 / $5.2M |
| Active participants, start / end of year | 496 / 711 |
| Participants with account balances | 153 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $5,849 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014195447NAL0007296450001, received 2025-10-14, EIN 85-0774361, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.