Beyondtrust Corporation 401(k) Review & Grade
Beyondtrust Corporation 401k Plan
Ridgeland, MSProfessional, Scientific & Technical Services770 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,823Employer $ per active participant
$11,425Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$104.8MNet plan assets, end of year
$98,837Average balance per account
Score breakdown
- Employer generosity41.7 / 5083th percentile for employer $ per participant
- Low cost14.6 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score60 / 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 | 83th |
| Lower admin cost | 58th |
| Employee saving | 69th |
| 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
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Beyondtrust put in about $6,823 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 | $5,250,165 |
| Participant (employee) contributions | $8,791,198 |
| Other contributions (incl. rollovers in) | $3,057,699 |
| Administrative expenses paid from the plan | $171,224 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $70,000 |
| Benefits paid out | $13,707,889 |
| Net assets, start / end of year | $88.5M / $104.8M |
| Active participants, start / end of year | 731 / 808 |
| Participants with account balances | 1,060 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | HLB Gross Collins, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $83,224 reported compensation |
| Alliant Retirement Services | $70,000 reported compensation |
| HLB Gross Collins, P.C. | $18,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015095445NAL0005720224001, received 2025-10-15, EIN 20-4000074, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.