Telus Agriculture Holdings (US) Inc. 401(k) Review & Grade
Telus Agriculture (US) Retirement Plan
State College, PAProfessional, Scientific & Technical Services740 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,105Employer $ per active participant
$9,783Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$94.6MNet plan assets, end of year
$103,064Average balance per account
Score breakdown
- Employer generosity32.5 / 5065th percentile for employer $ per participant
- Low cost13.9 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score55 / 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 | 65th |
| Lower admin cost | 55th |
| Employee saving | 57th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $24,699 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Telus Agriculture Holdings (US) put in about $4,105 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 | $3,040,101 |
| Participant (employee) contributions | $7,244,642 |
| Other contributions (incl. rollovers in) | $4,074,941 |
| Administrative expenses paid from the plan | $169,203 |
| Contract administrator fees | $169,203 |
| Benefits paid out | $10,781,050 |
| Net assets, start / end of year | $80.9M / $94.6M |
| Active participants, start / end of year | 720 / 761 |
| Participants with account balances | 918 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Powderly Vuchnich PLLC |
Largest service providers (Schedule C)
| Lincoln National Corporation | $169,203 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015154750NAL0002691523001, received 2025-10-15, EIN 85-1862602, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.