Gannett Fleming, Inc. 401(k) Review & Grade
Gannett Fleming, Inc. Tax Deferred 401(k) Savings Plan
Mechanicsburg, PAProfessional, Scientific & Technical Services4,020 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,285Employer $ per active participant
$9,670Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$830.4MNet plan assets, end of year
$143,845Average balance per account
Score breakdown
- Employer generosity28.0 / 5056th percentile for employer $ per participant
- Low cost19.5 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 78th |
| Employee saving | 52th |
| Peers that auto-enroll | 47% |
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 $27,104 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Gannett Fleming put in about $3,285 per active participant, more than the typical peer ($2,951). 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.
- 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 | $13,202,858 |
| Participant (employee) contributions | $38,867,491 |
| Other contributions (incl. rollovers in) | $215,778,510 |
| Administrative expenses paid from the plan | $353,188 |
| Investment advisory & management fees | $76,721 |
| Benefits paid out | $62,565,854 |
| Net assets, start / end of year | $537.8M / $830.4M |
| Active participants, start / end of year | 2,975 / 5,064 |
| Participants with account balances | 5,773 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services Inc | $325,643 reported compensation |
| Prudential Insurance Co | $114,075 reported compensation |
| Prudential Trust Co | $45,630 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251102150825NAL0004720147001, received 2025-11-02, EIN 25-1613591, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.