Exemplis LLC 401(k) Review & Grade
Exemplis LLC 401(k) Savings Plan
Cypress, CAManufacturing596 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,730Employer $ per active participant
$6,173Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$45.6MNet plan assets, end of year
$84,656Average balance per account
Score breakdown
- Employer generosity29.2 / 5058th percentile for employer $ per participant
- Low cost20.9 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1566th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 58th |
| Lower admin cost | 83th |
| Employee saving | 66th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,184 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Exemplis put in about $2,730 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 | $1,628,723 |
| Participant (employee) contributions | $3,682,064 |
| Other contributions (incl. rollovers in) | $538,559 |
| Administrative expenses paid from the plan | $26,502 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $20,496 |
| Benefits paid out | $4,883,983 |
| Net assets, start / end of year | $38.5M / $45.6M |
| Active participants, start / end of year | 615 / 578 |
| Participants with account balances | 539 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wright Ford Young and Co |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $20,496 reported compensation |
| Fidelity Investments Institutional | $6,006 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250912104130NAL0001232049001, received 2025-09-12, EIN 33-0697684, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.