Amdocs, Inc. 401(k) Review & Grade
Amdocs, Inc. 401(k) Plan
ST Louis, MOProfessional, Scientific & Technical Services3,491 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,130Employer $ per active participant
$10,966Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$850.8MNet plan assets, end of year
$173,167Average balance per account
Score breakdown
- Employer generosity26.1 / 5052th percentile for employer $ per participant
- Low cost24.0 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 96th |
| Employee saving | 62th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,259 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Amdocs put in about $3,130 per active participant, more than the typical peer ($2,951). 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 | $10,927,166 |
| Participant (employee) contributions | $38,282,599 |
| Other contributions (incl. rollovers in) | $3,962,290 |
| Administrative expenses paid from the plan | $122,317 |
| Contract administrator fees | $12,245 |
| Other admin expenses | $11,503 |
| Benefits paid out | $101,693,374 |
| Net assets, start / end of year | $793.5M / $850.8M |
| Active participants, start / end of year | 3,070 / 3,912 |
| Participants with account balances | 4,913 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $88,319 reported compensation |
| Forvis Mazars, LLP | $18,040 reported compensation |
| Thompson Coburn LLP | $4,455 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010115128NAL0008096097001, received 2025-10-10, EIN 43-1339487, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.