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Basic Capital
Clean filingNew plan

Af Monroe LLC

99-1275330· Livonia, MI· 2024 filing
B
0/100
Overall grade

Solid plan with a few things to improve.

–
Fees
–
Financial Wellness
C
Plan design
A
Compliance
Fees

This plan's fees aren't public. Enter yours to grade them against similar plans.

Financial Wellness
n/a
Plan design

Covers the basics. A few high-impact features are missing.

C
Employer match
The plan matches employee contributions, the single strongest driver of participation and savings.
Profit sharing
The employer also makes profit-sharing contributions on top of the match.
Automatic enrollment
New hires are enrolled by default. Plans with auto-enroll see much higher participation.
Not safe harbor
The plan has to pass annual IRS nondiscrimination testing, which can cap what owners and higher earners are allowed to contribute.
Default investment (QDIA)
Employees who never pick investments land in a sensible default, usually a target-date fund, instead of cash.
No brokerage window
Employees can only invest through the plan's core fund menu. A brokerage window opens the wider market for people who want more control.
No Mega Backdoor Roth
High earners are capped at the standard contribution limit. A Mega Backdoor Roth lets them save well past it with after-tax dollars converted to Roth, and it's one of the most-requested features at competitive companies.
Compliance & health

Clean filing. No compliance issues found.

A
Clean filing
Deposits on time, testing passed, no red flags. The latest filing came back clean.
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Key insights

  • Strongest area: compliance & health. Clean filing. No compliance issues found.
  • Best place to improve: plan design. Covers the basics. A few high-impact features are missing.
  • Enter your fees (PEPM, monthly, and AUM %) to see exactly how your costs compare.
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