Hussmann Corporation 401(k) Review & Grade
Hussmann Corporation Employee Savings Plan
Bridgeton, MOManufacturing2,646 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,559Employer $ per active participant
$7,104Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$410.5MNet plan assets, end of year
$112,906Average balance per account
Score breakdown
- Employer generosity26.3 / 5053th percentile for employer $ per participant
- Low cost12.1 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 49th |
| Employee saving | 61th |
| Peers that auto-enroll | 70% |
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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
- Hussmann put in about $3,559 per active participant, more than the typical peer ($3,452). 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 | $9,417,277 |
| Participant (employee) contributions | $18,796,611 |
| Other contributions (incl. rollovers in) | $2,405,012 |
| Administrative expenses paid from the plan | $500,433 |
| Investment advisory & management fees | $199,391 |
| Benefits paid out | $41,914,942 |
| Net assets, start / end of year | $375.6M / $410.5M |
| Active participants, start / end of year | 2,673 / 2,619 |
| Participants with account balances | 3,636 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Armanino, LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $264,003 reported compensation |
| Mercer Investment Management | $148,455 reported compensation |
| Armanino LLP | $20,396 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006070404NAL0001893491001, received 2025-10-06, EIN 43-0156220, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.