Huntsworth Group, Inc. 401(k) Review & Grade
Inizio USA 401(k) Plan
Yardley, PAProfessional, Scientific & Technical Services1,183 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,067Employer $ per active participant
$7,987Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$132.9MNet plan assets, end of year
$84,245Average balance per account
Score breakdown
- Employer generosity17.3 / 5035th percentile for employer $ per participant
- Low cost15.6 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving6.2 / 1541th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 62th |
| Employee saving | 41th |
| 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
- Huntsworth Group put in about $2,067 per active participant, below the typical peer ($3,082). 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 | $2,444,991 |
| Participant (employee) contributions | $9,448,094 |
| Other contributions (incl. rollovers in) | $967,493 |
| Administrative expenses paid from the plan | $199,774 |
| Benefits paid out | $26,504,727 |
| Net assets, start / end of year | $124.2M / $132.9M |
| Active participants, start / end of year | 1,272 / 1,094 |
| Participants with account balances | 1,578 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $99,236 reported compensation |
| Global Retirement Partners | $50,268 reported compensation |
| Morningstar Retirement Manager | $540 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015064749NAL0004199585001, received 2025-10-15, EIN 13-3313044, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.