Stark Truss Company, Inc. 401(k) Review & Grade
Stark Truss Company, Inc. Employee 401(k) Plan
Canton, OHManufacturing653 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$591Employer $ per active participant
$2,778Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$35.9MNet plan assets, end of year
$74,555Average balance per account
Score breakdown
- Employer generosity4.3 / 509th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving3.0 / 1520th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 46th |
| Employee saving | 20th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $165,106 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Stark Truss Company put in about $591 per active participant, below the typical peer ($2,320). 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.
- 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 | $386,095 |
| Participant (employee) contributions | $1,814,353 |
| Other contributions (incl. rollovers in) | $60,137 |
| Administrative expenses paid from the plan | $89,740 |
| Investment advisory & management fees | $32,144 |
| Benefits paid out | $3,026,281 |
| Net assets, start / end of year | $33.3M / $35.9M |
| Active participants, start / end of year | 678 / 628 |
| Participants with account balances | 482 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | 415 Group |
Largest service providers (Schedule C)
| Adp, Inc. | $57,596 reported compensation |
| Highland Consulting | $32,144 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003050703NAL0001092737001, received 2025-10-03, EIN 34-1030967, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.