Arxada, LLC 401(k) Review & Grade
The Arxada 401(k) Plan
Morristown, NJManufacturing980 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,876Employer $ per active participant
$9,916Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$224.9MNet plan assets, end of year
$184,526Average balance per account
Score breakdown
- Employer generosity46.5 / 5093th percentile for employer $ per participant
- Low cost21.7 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving13.4 / 1589th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score92 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 87th |
| Employee saving | 89th |
| Peers that auto-enroll | 59% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Arxada put in about $7,876 per active participant, more than the typical peer ($2,320). 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 | $7,722,687 |
| Participant (employee) contributions | $9,722,150 |
| Other contributions (incl. rollovers in) | $2,249,739 |
| Administrative expenses paid from the plan | $103,116 |
| Investment advisory & management fees | $38,947 |
| Benefits paid out | $33,708,134 |
| Net assets, start / end of year | $176.6M / $224.9M |
| Active participants, start / end of year | 988 / 973 |
| Participants with account balances | 1,219 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wiss & Company, LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $171,139 reported compensation |
| Wiss & Company LLP | $22,500 reported compensation |
| Ogletree, Deakins, Nash Smoak & Ste | $9,047 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014060129NAL0002191153001, received 2025-10-14, EIN 13-5665861, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.