Trinidad Benham Corp. 401(k) Review & Grade
Trinidad Benham Corp. Qualified Employee Savings Plan
Greenwood Village, COWholesale Trade1,082 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$951Employer $ per active participant
$2,987Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$39.1MNet plan assets, end of year
$31,207Average balance per account
Score breakdown
- Employer generosity11.0 / 5022th percentile for employer $ per participant
- Low cost10.2 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score18 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 41th |
| Employee saving | 22th |
| Peers that auto-enroll | 53% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($89,481 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Trinidad Benham put in about $951 per active participant, below the typical peer ($1,792). 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 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 | $1,029,536 |
| Participant (employee) contributions | $3,233,094 |
| Other contributions (incl. rollovers in) | $437,634 |
| Administrative expenses paid from the plan | $111,790 |
| Contract administrator fees | $300 |
| Benefits paid out | $6,044,187 |
| Net assets, start / end of year | $35.9M / $39.1M |
| Active participants, start / end of year | 1,001 / 1,164 |
| Participants with account balances | 1,252 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frost, PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $95,130 reported compensation |
| Frost, PLLC | $16,660 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923190431NAL0006804961001, received 2025-09-23, EIN 84-0338660, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.