Birlasoft Solutions, Inc. 401(k) Review & Grade
Birlasoft 401(k) Retirement Savings Plan
Edison, NJProfessional, Scientific & Technical Services758 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,469Employer $ per active participant
$7,628Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$57.0MNet plan assets, end of year
$84,124Average balance per account
Score breakdown
- Employer generosity13.1 / 5026th percentile for employer $ per participant
- Low cost6.9 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 26th |
| Lower admin cost | 28th |
| Employee saving | 39th |
| Peers that auto-enroll | 48% |
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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
- Birlasoft Solutions put in about $1,469 per active participant, below the typical peer ($3,082). 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.
- Direct plan expenses (0.44% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,112,538 |
| Participant (employee) contributions | $5,778,156 |
| Other contributions (incl. rollovers in) | $630,714 |
| Administrative expenses paid from the plan | $231,524 |
| Contract administrator fees | $138,413 |
| Investment advisory & management fees | $78,636 |
| Benefits paid out | $6,395,752 |
| Net assets, start / end of year | $49.2M / $57.0M |
| Active participants, start / end of year | 741 / 774 |
| Participants with account balances | 678 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | PKF O'connor Davies, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $138,413 reported compensation |
| LPL Financial | $78,640 reported compensation |
| PKF O'connor Davies, LLP | $14,475 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013143640NAL0000716275001, received 2025-10-13, EIN 22-3604017, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.