Atos Syntel Inc. 401(k) Review & Grade
Atos Syntel Inc. 401(k) Plan
Troy, MIProfessional, Scientific & Technical Services1,278 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,283Employer $ per active participant
$5,234Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$57.1MNet plan assets, end of year
$55,230Average balance per account
Score breakdown
- Employer generosity11.8 / 5024th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score26 / 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 | 24th |
| Lower admin cost | 55th |
| Employee saving | 26th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $284,752 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Atos Syntel put in about $1,283 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 | $1,640,434 |
| Participant (employee) contributions | $6,692,127 |
| Other contributions (incl. rollovers in) | $379,823 |
| Administrative expenses paid from the plan | $106,068 |
| Contract administrator fees | $81,570 |
| Investment advisory & management fees | $23,148 |
| Other admin expenses | $1,350 |
| Benefits paid out | $11,840,307 |
| Net assets, start / end of year | $51.1M / $57.1M |
| Active participants, start / end of year | 1,610 / 947 |
| Participants with account balances | 1,033 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Harper & Pearson P. C. |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $83,701 reported compensation |
| Usi Advisors,inc. | $28,500 reported compensation |
| Voya Retirement Advisors, LLC | $22,367 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010142325NAL0012787088001, received 2025-10-10, EIN 83-4284670, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.