Logoplaste USA Syracuse, LLC 401(k) Review & Grade
Logoplaste USA Syracuse LLC 401(k) Plan
Plainfield, ILManufacturing622 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,772Employer $ per active participant
$3,246Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$18.1MNet plan assets, end of year
$35,079Average balance per account
Score breakdown
- Employer generosity18.6 / 5037th percentile for employer $ per participant
- Low cost14.7 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 59th |
| Employee saving | 26th |
| Peers that auto-enroll | 59% |
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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Logoplaste USA Syracuse put in about $1,772 per active participant, below the typical peer ($2,320). 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.
- 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 | $1,102,881 |
| Participant (employee) contributions | $2,020,439 |
| Other contributions (incl. rollovers in) | $43,509 |
| Administrative expenses paid from the plan | $28,674 |
| Benefits paid out | $2,074,064 |
| Net assets, start / end of year | $14.9M / $18.1M |
| Active participants, start / end of year | 650 / 595 |
| Participants with account balances | 516 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cherry Bekaert LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $28,673 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015065109NAL0002026195001, received 2025-10-15, EIN 26-0867311, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.