R.L.K. and Company 401(k) Review & Grade
Timberline Lodge Employee Savings and Protection Plan
Government Camp, ORAccommodation & Food Services674 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$364Employer $ per active participant
$761Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$13.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity30.1 / 5060th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 24th |
| Employee saving | 48th |
| Peers that auto-enroll | 17% |
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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
- R.L.K. and put in about $364 per active participant, more than the typical peer ($266). 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.
- Direct plan expenses (0.48% 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.
- 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 | $245,174 |
| Participant (employee) contributions | $512,357 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $62,749 |
| Investment advisory & management fees | $35,320 |
| Benefits paid out | $928,563 |
| Net assets, start / end of year | $12.3M / $13.8M |
| Active participants, start / end of year | 281 / 1,066 |
| Participants with account balances | 154 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Phillips & Company Securities Inc | $31,496 reported compensation |
| Fidelity Investments Institutional | $27,429 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014133429NAL0001466947001, received 2025-10-14, EIN 93-0441340, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.