The Cigarette Store LLC 401(k) Review & Grade
Cigarette Store 401k Plan
Boulder, CORetail Trade649 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$914Employer $ per active participant
$1,321Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$12.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity29.0 / 5058th percentile for employer $ per participant
- Low cost19.9 / 2580th percentile for low admin cost vs. same-size plans
- Employee saving3.2 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 58th |
| Lower admin cost | 80th |
| Employee saving | 22th |
| Peers that auto-enroll | 48% |
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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
- Cigarette Store put in about $914 per active participant, more than the typical peer ($743). 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.
- 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 | $593,003 |
| Participant (employee) contributions | $857,239 |
| Other contributions (incl. rollovers in) | $37,538 |
| Administrative expenses paid from the plan | $8,812 |
| Contract administrator fees | $8,612 |
| Other admin expenses | $200 |
| Benefits paid out | $1,477,080 |
| Net assets, start / end of year | $10.6M / $12.1M |
| Active participants, start / end of year | 410 / 888 |
| Participants with account balances | 248 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014125330NAL0001371747001, received 2025-10-14, EIN 84-1182893, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.