Holtec International 401(k) Review & Grade
Holtec International Profit Sharing Plan and Trust
Camden, NJProfessional, Scientific & Technical Services1,271 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,478Employer $ per active participant
$9,701Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$136.7MNet plan assets, end of year
$81,590Average balance per account
Score breakdown
- Employer generosity40.9 / 5082th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score60 / 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 | 82th |
| Lower admin cost | 56th |
| Employee saving | 56th |
| Peers that auto-enroll | 48% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($93,013 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $9,729 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Holtec International put in about $6,478 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $8,233,874 |
| Participant (employee) contributions | $12,329,337 |
| Other contributions (incl. rollovers in) | $7,839,513 |
| Administrative expenses paid from the plan | $230,483 |
| Contract administrator fees | $153,019 |
| Investment advisory & management fees | $77,464 |
| Benefits paid out | $13,625,555 |
| Net assets, start / end of year | $106.1M / $136.7M |
| Active participants, start / end of year | 1,104 / 1,438 |
| Participants with account balances | 1,675 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Withumsmith+brown, PC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $153,019 reported compensation |
| Newport Capital Group | $77,464 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014094928NAL0001187251001, received 2025-10-14, EIN 20-4598433, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.