Sigmatech, Inc. 401(k) Review & Grade
Sigmatech, Inc. 401(k) Profit Sharing Plan
Huntsville, ALProfessional, Scientific & Technical Services506 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,867Employer $ per active participant
$8,513Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$49.0MNet plan assets, end of year
$75,693Average balance per account
Score breakdown
- Employer generosity31.2 / 5062th percentile for employer $ per participant
- Low cost20.3 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving6.9 / 1546th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 81th |
| Employee saving | 46th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $5,617 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Sigmatech put in about $3,867 per active participant, more than the typical peer ($3,082). 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 | $1,956,680 |
| Participant (employee) contributions | $4,307,543 |
| Other contributions (incl. rollovers in) | $1,046,102 |
| Administrative expenses paid from the plan | $32,223 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $26,910 |
| Benefits paid out | $4,647,997 |
| Net assets, start / end of year | $41.1M / $49.0M |
| Active participants, start / end of year | 428 / 584 |
| Participants with account balances | 648 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frazier & Deeter, LLC |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $26,910 reported compensation |
| Fidelity Investments Institutional | $7,090 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260723152356NAL0014223841001, received 2026-07-23, EIN 63-0934574, plan #001, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.