Nfi Industries, Inc. 401(k) Review & Grade
Nfi Industries, Inc. Employee Retirement Savings Plan
Camden, NJTransportation & Warehousing15,818 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$946Employer $ per active participant
$1,818Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$299.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity17.8 / 5036th percentile for employer $ per participant
- Low cost3.7 / 2515th percentile for low admin cost vs. same-size plans
- Employee saving2.7 / 1518th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 10,000+ active participants (46 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 15th |
| Employee saving | 18th |
| Peers that auto-enroll | 30% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($683 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Nfi Industries put in about $946 per active participant, below the typical peer ($1,415). 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.
- Direct plan expenses (0.22% of assets) are well above similar-size plans (0.09%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $14,959,959 |
| Participant (employee) contributions | $28,759,091 |
| Other contributions (incl. rollovers in) | $6,570,461 |
| Administrative expenses paid from the plan | $591,902 |
| Contract administrator fees | $487,173 |
| Investment advisory & management fees | $104,729 |
| Benefits paid out | $30,558,128 |
| Net assets, start / end of year | $244.8M / $299.3M |
| Active participants, start / end of year | 15,746 / 15,891 |
| Participants with account balances | 6,749 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $487,173 reported compensation |
| Capfinancial Partners, L | $104,906 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260211121527NAL0003181409001, received 2026-02-11, EIN 22-2543994, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.