Exos 401(k) Review & Grade
Exos Retirement Plan
Phoenix, AZProfessional, Scientific & Technical Services2,386 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$211Employer $ per active participant
$1,960Employee $ saved per active participant
0.47%Direct admin cost, % of plan assets
$49.5MNet plan assets, end of year
$39,321Average balance per account
Score breakdown
- Employer generosity4.5 / 509th percentile for employer $ per participant
- Low cost6.3 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score12 / 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 | 9th |
| Lower admin cost | 25th |
| Employee saving | 10th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $149,810 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Exos put in about $211 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.
- Direct plan expenses (0.47% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $503,674 |
| Participant (employee) contributions | $4,676,481 |
| Other contributions (incl. rollovers in) | $130,120 |
| Administrative expenses paid from the plan | $216,849 |
| Contract administrator fees | $216,849 |
| Benefits paid out | $4,299,070 |
| Net assets, start / end of year | $42.8M / $49.5M |
| Active participants, start / end of year | 2,422 / 2,351 |
| Participants with account balances | 1,259 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Metz & Associates PLLC |
Largest service providers (Schedule C)
| Stancorp Financial Group | $150,913 reported compensation |
| Global Retirement Partners, LLC | $65,849 reported compensation |
| Charles Schwab Bank | $17,444 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250828171241NAL0010501201001, received 2025-08-28, EIN 56-2590587, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.