Foxconn Assembly, LLC 401(k) Review & Grade
Foxconn Assembly 401(k) Plan
Houston, TXManufacturing630 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,938Employer $ per active participant
$4,756Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$37.7MNet plan assets, end of year
$56,754Average balance per account
Score breakdown
- Employer generosity20.9 / 5042th percentile for employer $ per participant
- Low cost18.7 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving7.1 / 1547th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 75th |
| Employee saving | 47th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Foxconn Assembly put in about $1,938 per active participant, below the typical peer ($2,320). 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.
- 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 | $1,222,179 |
| Participant (employee) contributions | $2,998,465 |
| Other contributions (incl. rollovers in) | $21,028 |
| Administrative expenses paid from the plan | $33,787 |
| Investment advisory & management fees | $25,137 |
| Benefits paid out | $2,620,426 |
| Net assets, start / end of year | $31.6M / $37.7M |
| Active participants, start / end of year | 603 / 658 |
| Participants with account balances | 664 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Acorn Accountancy Corporation |
Largest service providers (Schedule C)
| Gallagher Benefit Services | $25,136 reported compensation |
| Adp, Inc. | $8,650 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003053007NAL0001818512001, received 2025-10-03, EIN 76-0699507, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.