Legrand Holding, Inc. 401(k) Review & Grade
Legrand North America 401k Plan
West Hartford, CTManufacturing4,277 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,530Employer $ per active participant
$7,267Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$722.2MNet plan assets, end of year
$123,628Average balance per account
Score breakdown
- Employer generosity36.7 / 5073th percentile for employer $ per participant
- Low cost16.4 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 66th |
| Employee saving | 62th |
| 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
- Legrand Holding put in about $5,530 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 | $23,649,847 |
| Participant (employee) contributions | $31,080,553 |
| Other contributions (incl. rollovers in) | $4,057,275 |
| Administrative expenses paid from the plan | $534,220 |
| Contract administrator fees | $76,482 |
| Investment advisory & management fees | $69,044 |
| Other admin expenses | $71,790 |
| Benefits paid out | $88,342,982 |
| Net assets, start / end of year | $668.4M / $722.2M |
| Active participants, start / end of year | 4,051 / 4,503 |
| Participants with account balances | 5,842 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohnreznick LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $404,158 reported compensation |
| Fiducient Advisors LLC | $51,783 reported compensation |
| Cohnreznick LLP | $48,069 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015082519NAL0008320386001, received 2025-10-15, EIN 98-0065554, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.