Fxi, Inc. 401(k) Review & Grade
Fxi 401(k) Plan
Radnor, PAManufacturing2,174 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,219Employer $ per active participant
$2,311Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$78.4MNet plan assets, end of year
$64,759Average balance per account
Score breakdown
- Employer generosity11.6 / 5023th percentile for employer $ per participant
- Low cost15.7 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving2.3 / 1515th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 63th |
| Employee saving | 15th |
| 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
- Fxi put in about $1,219 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.
- 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 | $2,650,568 |
| Participant (employee) contributions | $5,023,290 |
| Other contributions (incl. rollovers in) | $1,405,577 |
| Administrative expenses paid from the plan | $115,530 |
| Contract administrator fees | −$2,284 |
| Investment advisory & management fees | $10,823 |
| Benefits paid out | $15,046,692 |
| Net assets, start / end of year | $74.1M / $78.4M |
| Active participants, start / end of year | 2,210 / 2,138 |
| Participants with account balances | 1,211 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Siana Carr O'connor & Lynam, LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services Inc | $76,566 reported compensation |
| Siana Carr Oconnor and Lynam | $30,500 reported compensation |
| Dimeo Schneider & Associates LLC | $10,823 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250805080628NAL0002196464001, received 2025-08-05, EIN 27-0283137, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.