Samsung SDS America, Inc. 401(k) Review & Grade
Samsung Data Systems America, Inc. Savings/retirement Plan
Ridgefield Park, NJManufacturing761 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,224Employer $ per active participant
$8,955Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$125.7MNet plan assets, end of year
$100,696Average balance per account
Score breakdown
- Employer generosity42.0 / 5084th percentile for employer $ per participant
- Low cost16.6 / 2567th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 67th |
| Employee saving | 85th |
| 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
- Samsung SDS America put in about $5,224 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.
- 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 | $3,975,489 |
| Participant (employee) contributions | $6,814,535 |
| Other contributions (incl. rollovers in) | $1,675,730 |
| Administrative expenses paid from the plan | $152,745 |
| Investment advisory & management fees | $530 |
| Benefits paid out | $7,939,730 |
| Net assets, start / end of year | $102.6M / $125.7M |
| Active participants, start / end of year | 749 / 773 |
| Participants with account balances | 1,248 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | CPK, LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $152,215 reported compensation |
| Charles Schwab & Co, Inc. | $530 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013152955NAL0003378194001, received 2025-10-13, EIN 77-0453818, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.