Anchor Hocking Holdings, Inc. 401(k) Review & Grade
Anchor Hocking 401k Plan
Columbus, OHProfessional, Scientific & Technical Services1,400 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$678Employer $ per active participant
$1,360Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$72.4MNet plan assets, end of year
$35,787Average balance per account
Score breakdown
- Employer generosity7.9 / 5016th percentile for employer $ per participant
- Low cost15.0 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 60th |
| Employee saving | 7th |
| Peers that auto-enroll | 48% |
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
Corrective distributions: the plan refunded $47,603 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Anchor Hocking Holdings put in about $678 per active participant, below the typical peer ($3,082). 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.
- 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 | $949,229 |
| Participant (employee) contributions | $1,903,652 |
| Other contributions (incl. rollovers in) | $111,957 |
| Administrative expenses paid from the plan | $95,464 |
| Investment advisory & management fees | $30,986 |
| Benefits paid out | $4,956,310 |
| Net assets, start / end of year | $41.7M / $72.4M |
| Active participants, start / end of year | 742 / 2,057 |
| Participants with account balances | 2,024 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark, Schaefer, Hackett & Co. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $64,478 reported compensation |
| Everhart Financial Group Inc | $15,978 reported compensation |
| Strategic Advisors, Inc. | $15,008 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014123436NAL0001384595001, received 2025-10-14, EIN 45-3414553, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.