Alight Solutions LLC 401(k) Review & Grade
Alight Solutions LLC 401(k) Plan (fka Hewitt Associates LLC 401k Plan)
Chicago, ILProfessional, Scientific & Technical Services9,286 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,159Employer $ per active participant
$7,764Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$2.5BNet plan assets, end of year
$199,413Average balance per account
Score breakdown
- Employer generosity26.3 / 5053th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving6.2 / 1541th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 56th |
| Employee saving | 41th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $27,343 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Alight Solutions put in about $3,159 per active participant, more than the typical peer ($2,951). 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.
- 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 | $29,335,200 |
| Participant (employee) contributions | $72,100,561 |
| Other contributions (incl. rollovers in) | $7,329,922 |
| Administrative expenses paid from the plan | $2,507,981 |
| Contract administrator fees | $164,718 |
| Investment advisory & management fees | $2,049,175 |
| Other admin expenses | $8,363 |
| Benefits paid out | $341,538,806 |
| Net assets, start / end of year | $2.4B / $2.5B |
| Active participants, start / end of year | 10,707 / 7,865 |
| Participants with account balances | 12,300 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ernst & Young LLP |
Largest service providers (Schedule C)
| Alight Financial Advisors LLC | $572,207 reported compensation |
| Dodge & Cox | $379,646 reported compensation |
| William Blair Investment Mgmt, LLC | $359,709 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250710081523NAL0005335105001, received 2025-07-10, EIN 36-2235791, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.