Haley & Aldrich, Inc. 401(k) Review & Grade
Haley & Aldrich, Inc. Discretionary Profit Sharing & 401(k) Plan
Burlington, MAProfessional, Scientific & Technical Services1,154 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,340Employer $ per active participant
$10,972Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$329.4MNet plan assets, end of year
$238,532Average balance per account
Score breakdown
- Employer generosity27.6 / 5055th percentile for employer $ per participant
- Low cost22.7 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 55th |
| Lower admin cost | 91th |
| Employee saving | 67th |
| Peers that auto-enroll | 48% |
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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
- Haley & Aldrich put in about $3,340 per active participant, more than the typical peer ($3,082). 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 | $3,856,320 |
| Participant (employee) contributions | $12,667,508 |
| Other contributions (incl. rollovers in) | $3,655,666 |
| Administrative expenses paid from the plan | $117,440 |
| Investment advisory & management fees | $40,542 |
| Other admin expenses | $76,898 |
| Benefits paid out | $17,666,716 |
| Net assets, start / end of year | $283.2M / $329.4M |
| Active participants, start / end of year | 1,046 / 1,263 |
| Participants with account balances | 1,381 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PKF O'connor Davies LLP |
Largest service providers (Schedule C)
| Nepc LLC | $50,000 reported compensation |
| Empower Advisory Group, LLC | $49,188 reported compensation |
| PFK O'connor Davies, LLP | $18,252 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260918122451NAL0003458675001, received 2026-09-18, EIN 04-2295689, plan #001, plan year 2024-12-28 to 2025-12-26. Verify at efast.dol.gov.