Panasonic Automotive Systems America, LLC 401(k) Review & Grade
Panasonic Automotive Systems America, LLC 401(k) Retirement Savings Plan
Peachtree City, GAManufacturing728 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$278Employer $ per active participant
$732Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$198.9MNet plan assets, end of year
$292,942Average balance per account
Score breakdown
- Employer generosity1.8 / 504th percentile for employer $ per participant
- Low cost25.0 / 25100th percentile for low admin cost vs. same-size plans
- Employee saving0.3 / 152th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 4th |
| Lower admin cost | 100th |
| Employee saving | 2th |
| Peers that auto-enroll | 59% |
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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
- Panasonic Automotive Systems America put in about $278 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 | $202,743 |
| Participant (employee) contributions | $532,629 |
| Other contributions (incl. rollovers in) | $223,229 |
| Administrative expenses paid from the plan | $125 |
| Benefits paid out | $108,832 |
| Net assets, start / end of year | $0 / $198.9M |
| Active participants, start / end of year | 726 / 730 |
| Participants with account balances | 679 |
| Auto-enrollment (feature code 2S) | Not reported |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $125 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904083817NAL0033386210001, received 2025-09-04, EIN 99-2777326, plan #001, plan year 2024-12-02 to 2024-12-31. Verify at efast.dol.gov.