Landis&gyr Technology, Inc. 401(k) Review & Grade
Landis&gyr Savings and Profit Sharing Plan
Alpharetta, GAProfessional, Scientific & Technical Services888 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,926Employer $ per active participant
$12,239Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$231.9MNet plan assets, end of year
$186,899Average balance per account
Score breakdown
- Employer generosity36.3 / 5073th percentile for employer $ per participant
- Low cost23.1 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 93th |
| Employee saving | 76th |
| 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
- Landis&gyr Technology put in about $4,926 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 | $4,374,637 |
| Participant (employee) contributions | $10,868,566 |
| Other contributions (incl. rollovers in) | $754,946 |
| Administrative expenses paid from the plan | $66,950 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $197,363 |
| Benefits paid out | $14,367,733 |
| Net assets, start / end of year | $199.1M / $231.9M |
| Active participants, start / end of year | 871 / 905 |
| Participants with account balances | 1,241 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kruggel, Lawton & Company, LLC |
Largest service providers (Schedule C)
| Cambridge Investment Research | $165,412 reported compensation |
| Strategic Advisors, Inc. | $31,952 reported compensation |
| Fidelity Investments Institutional | −$130,413 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014121855NAL0001363251001, received 2025-10-14, EIN 20-1399908, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.