Apogee Engineering LLC 401(k) Review & Grade
Apogee Engineering 401 (K) Plan
Colorado Spgs, COProfessional, Scientific & Technical Services651 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,197Employer $ per active participant
$9,502Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$49.3MNet plan assets, end of year
$59,931Average balance per account
Score breakdown
- Employer generosity40.2 / 5080th percentile for employer $ per participant
- Low cost21.7 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score73 / 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 | 80th |
| Lower admin cost | 87th |
| Employee saving | 54th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Apogee Engineering put in about $6,197 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 | $4,034,226 |
| Participant (employee) contributions | $6,185,886 |
| Other contributions (incl. rollovers in) | $1,103,475 |
| Administrative expenses paid from the plan | $23,910 |
| Other admin expenses | $23,910 |
| Benefits paid out | $9,591,605 |
| Net assets, start / end of year | $42.0M / $49.3M |
| Active participants, start / end of year | 661 / 641 |
| Participants with account balances | 822 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran,pllc |
Largest service providers (Schedule C)
| T.rowe Price RPS, Inc | $23,910 reported compensation |
| Pimco | $0 reported compensation |
| Artisan International | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013122928NAL0001935456001, received 2025-10-13, EIN 56-2484395, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.