Astenjohnson, Inc. 401(k) Review & Grade
Astenjohnson Retirement Savings Plan
Charleston, SCManufacturing589 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,216Employer $ per active participant
$7,264Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$166.8MNet plan assets, end of year
$282,796Average balance per account
Score breakdown
- Employer generosity38.5 / 5077th percentile for employer $ per participant
- Low cost20.7 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving11.3 / 1575th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 83th |
| Employee saving | 75th |
| Peers that auto-enroll | 59% |
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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
- Astenjohnson put in about $4,216 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.
- 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 | $2,483,180 |
| Participant (employee) contributions | $4,278,211 |
| Other contributions (incl. rollovers in) | $229,759 |
| Administrative expenses paid from the plan | $106,861 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $112,832 |
| Other admin expenses | $25,500 |
| Benefits paid out | $20,069,500 |
| Net assets, start / end of year | $157.1M / $166.8M |
| Active participants, start / end of year | 515 / 663 |
| Participants with account balances | 590 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Dcpas, LLC DBA Davis & Company Cpas |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney LLC | $57,361 reported compensation |
| Strategic Advisors, Inc. | $55,471 reported compensation |
| Dcpas, LLC DBA Davis & Company Cpas | $25,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929085559NAL0004923875001, received 2025-09-29, EIN 23-0370460, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.