Bwxt Investment Company 401(k) Review & Grade
Bwxt Thrift Plan
Lynchburg, VAProfessional, Scientific & Technical Services5,916 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,292Employer $ per active participant
$9,369Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.5BNet plan assets, end of year
$181,151Average balance per account
Score breakdown
- Employer generosity41.5 / 5083th percentile for employer $ per participant
- Low cost20.9 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving7.6 / 1550th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 83th |
| Employee saving | 50th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,919 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Bwxt Investment put in about $6,292 per active participant, more than the typical peer ($2,951). 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 | $37,217,430 |
| Participant (employee) contributions | $55,423,628 |
| Other contributions (incl. rollovers in) | $6,551,804 |
| Administrative expenses paid from the plan | $567,973 |
| Other admin expenses | $567,973 |
| Benefits paid out | $118,538,710 |
| Net assets, start / end of year | $1.3B / $1.5B |
| Active participants, start / end of year | 5,394 / 6,437 |
| Participants with account balances | 8,480 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bauknight Pietras & Stormer, P.A. |
| Employer stock held by plan | $111,634,007 |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $402,132 reported compensation |
| Aon Investments USA Inc | $135,427 reported compensation |
| Bauknight Pietras & Stormer PA | $25,650 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826072722NAL0014798256001, received 2025-08-26, EIN 72-1172705, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.