Securus Technologies, LLC 401(k) Review & Grade
Aventiv Technologies 401(k) Savings Plan
Plano, TXInformation1,388 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,767Employer $ per active participant
$6,173Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$125.0MNet plan assets, end of year
$58,929Average balance per account
Score breakdown
- Employer generosity14.4 / 5029th percentile for employer $ per participant
- Low cost19.3 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving4.8 / 1532th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 29th |
| Lower admin cost | 77th |
| Employee saving | 32th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $36,879 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Securus Technologies put in about $1,767 per active participant, below the typical peer ($2,829). 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.
- 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 | $2,451,737 |
| Participant (employee) contributions | $8,565,349 |
| Other contributions (incl. rollovers in) | $1,854,989 |
| Administrative expenses paid from the plan | $103,895 |
| Investment advisory & management fees | $41,223 |
| Other admin expenses | $78,700 |
| Benefits paid out | $18,647,673 |
| Net assets, start / end of year | $112.0M / $125.0M |
| Active participants, start / end of year | 1,328 / 1,447 |
| Participants with account balances | 2,121 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Morganstanleysmithbarneyllc | $78,700 reported compensation |
| Strategic Advisors, Inc. | $41,223 reported compensation |
| Fidelity Investments Institutional | −$15,940 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904145516NAL0010098467001, received 2025-09-04, EIN 75-2722144, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.