Fiserv Solutions, LLC. 401(k) Review & Grade
Fiserv 401(k) Savings Plan
Milwaukee, WIProfessional, Scientific & Technical Services24,590 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,858Employer $ per active participant
$9,258Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$5.1BNet plan assets, end of year
$141,789Average balance per account
Score breakdown
- Employer generosity23.9 / 5048th percentile for employer $ per participant
- Low cost21.0 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1554th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 84th |
| Employee saving | 54th |
| Peers that auto-enroll | 39% |
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
Corrective distributions: the plan refunded $8,058 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Fiserv Solutions put in about $2,858 per active participant, below the typical peer ($2,932). 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.
- 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 | $70,267,899 |
| Participant (employee) contributions | $227,666,792 |
| Other contributions (incl. rollovers in) | $26,782,900 |
| Administrative expenses paid from the plan | $1,464,863 |
| Investment advisory & management fees | $239,869 |
| Other admin expenses | $96,792 |
| Benefits paid out | $663,365,518 |
| Net assets, start / end of year | $4.8B / $5.1B |
| Active participants, start / end of year | 26,372 / 22,809 |
| Participants with account balances | 36,203 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Deloitte & Touche LLP |
| Employer stock held by plan | $173,005,192 |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $1,280,186 reported compensation |
| Bank of New York Mellon | $239,869 reported compensation |
| Aon Hewitt | $96,792 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250806082732NAL0002783331001, received 2025-08-06, EIN 39-1833695, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.