Real Floors, Inc. 401(k) Review & Grade
Real Floors, Inc. 401(k) Plan
Marietta, GAConstruction819 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$975Employer $ per active participant
$4,522Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$34.6MNet plan assets, end of year
$57,211Average balance per account
Score breakdown
- Employer generosity15.5 / 5031th percentile for employer $ per participant
- Low cost8.6 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 34th |
| Employee saving | 57th |
| Peers that auto-enroll | 44% |
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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 ($6,315 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $110,674 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Real Floors put in about $975 per active participant, below the typical peer ($1,672). 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 (0.36% 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 | $798,134 |
| Participant (employee) contributions | $3,703,630 |
| Other contributions (incl. rollovers in) | $103,992 |
| Administrative expenses paid from the plan | $111,984 |
| Investment advisory & management fees | $57,831 |
| Benefits paid out | $1,760,591 |
| Net assets, start / end of year | $27.9M / $34.6M |
| Active participants, start / end of year | 832 / 806 |
| Participants with account balances | 605 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsenallen, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $54,153 reported compensation |
| Onedigital Investment Advisors LLC | $46,880 reported compensation |
| Resources Investment Advisors, LLC | $10,951 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002124754NAL0000474593001, received 2025-10-02, EIN 58-1719346, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.