The Dennis Group, Inc. 401(k) Review & Grade
Dennis Group 401(k) Profit Sharing Plan
Springfield, MAProfessional, Scientific & Technical Services528 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,128Employer $ per active participant
$12,123Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$98.3MNet plan assets, end of year
$150,256Average balance per account
Score breakdown
- Employer generosity32.6 / 5065th percentile for employer $ per participant
- Low cost18.2 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1575th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 73th |
| Employee saving | 75th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $445 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Dennis Group put in about $4,128 per active participant, more than the typical peer ($3,082). 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 | $2,177,541 |
| Participant (employee) contributions | $6,394,969 |
| Other contributions (incl. rollovers in) | $799,464 |
| Administrative expenses paid from the plan | $94,728 |
| Investment advisory & management fees | $41,986 |
| Benefits paid out | $5,372,810 |
| Net assets, start / end of year | $83.2M / $98.3M |
| Active participants, start / end of year | 512 / 543 |
| Participants with account balances | 654 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Nicholas Lapier, P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $75,269 reported compensation |
| Usi Advisors Inc | $34,999 reported compensation |
| Empower Advisory Group, LLC | $6,987 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008105055NAL0005432529001, received 2025-10-08, EIN 04-2993285, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.