Cryogenic Industries, Inc. 401(k) Review & Grade
Cryogenic Industries 401(k) Plan
Temecula, CAAdministrative, Support & Staffing Services811 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,918Employer $ per active participant
$6,539Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$63.7MNet plan assets, end of year
$62,359Average balance per account
Score breakdown
- Employer generosity44.3 / 5088th percentile for employer $ per participant
- Low cost20.3 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving13.2 / 1588th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 81th |
| Employee saving | 88th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $27,987 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cryogenic Industries put in about $2,918 per active participant, more than the typical peer ($712). 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 | $2,366,466 |
| Participant (employee) contributions | $5,303,168 |
| Other contributions (incl. rollovers in) | $1,138,526 |
| Administrative expenses paid from the plan | $42,274 |
| Benefits paid out | $10,745,429 |
| Net assets, start / end of year | $56.0M / $63.7M |
| Active participants, start / end of year | 768 / 854 |
| Participants with account balances | 1,021 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grossman Yanak Ford |
Largest service providers (Schedule C)
| Adp, Inc. | $41,748 reported compensation |
| LPL Financial | $23,956 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014060811NAL0001055779001, received 2025-10-14, EIN 38-4038627, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.