Trek Bicycle Corporation 401(k) Review & Grade
Trek Bicycle Corporation 401(k) Plan
Waterloo, WIManufacturing2,658 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,987Employer $ per active participant
$4,876Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$245.3MNet plan assets, end of year
$66,199Average balance per account
Score breakdown
- Employer generosity13.7 / 5027th percentile for employer $ per participant
- Low cost10.5 / 2542th percentile for low admin cost vs. same-size plans
- Employee saving5.2 / 1535th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 27th |
| Lower admin cost | 42th |
| Employee saving | 35th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Trek Bicycle put in about $1,987 per active participant, below the typical peer ($3,452). 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 | $5,280,508 |
| Participant (employee) contributions | $12,958,961 |
| Other contributions (incl. rollovers in) | $1,934,676 |
| Administrative expenses paid from the plan | $364,994 |
| Investment advisory & management fees | $100,000 |
| Benefits paid out | $34,043,092 |
| Net assets, start / end of year | $218.3M / $245.3M |
| Active participants, start / end of year | 2,870 / 2,445 |
| Participants with account balances | 3,705 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $264,994 reported compensation |
| Robert W Baird & Co | $100,000 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014151709NAL0004356288007, received 2025-10-14, EIN 39-1237359, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.