Polynt Composites USA Inc. 401(k) Review & Grade
Polynt Composites USA Inc. 401(k) Plan
Carpentersville, ILManufacturing708 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,911Employer $ per active participant
$8,040Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$168.9MNet plan assets, end of year
$183,558Average balance per account
Score breakdown
- Employer generosity45.5 / 5091th percentile for employer $ per participant
- Low cost17.8 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 71th |
| Employee saving | 81th |
| 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
- Polynt Composites USA put in about $6,911 per active participant, more than the typical peer ($2,320). 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 | $4,889,728 |
| Participant (employee) contributions | $5,688,137 |
| Other contributions (incl. rollovers in) | $353,785 |
| Administrative expenses paid from the plan | $184,209 |
| Investment advisory & management fees | $80,941 |
| Benefits paid out | $25,162,875 |
| Net assets, start / end of year | $161.2M / $168.9M |
| Active participants, start / end of year | 725 / 690 |
| Participants with account balances | 920 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services Inc | $110,335 reported compensation |
| Mariner LLC | $62,017 reported compensation |
| Morningstar Inc | $11,896 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250805170411NAL0002360563001, received 2025-08-05, EIN 99-0365117, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.