Chemonics International,inc. 401(k) Review & Grade
Chemonics International, Inc. 401(k) Profit Sharing Plan
Washington, DCProfessional, Scientific & Technical Services1,410 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$83Employer $ per active participant
$9,202Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$186.7MNet plan assets, end of year
$91,151Average balance per account
Score breakdown
- Employer generosity3.5 / 507th percentile for employer $ per participant
- Low cost19.4 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1551th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 78th |
| Employee saving | 51th |
| 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
- Chemonics International,inc. put in about $83 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.
- 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 | $116,779 |
| Participant (employee) contributions | $12,970,840 |
| Other contributions (incl. rollovers in) | $1,926,905 |
| Administrative expenses paid from the plan | $148,214 |
| Investment advisory & management fees | $30,511 |
| Benefits paid out | $10,086,576 |
| Net assets, start / end of year | $158.7M / $186.7M |
| Active participants, start / end of year | 1,414 / 1,405 |
| Participants with account balances | 2,048 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $117,703 reported compensation |
| Empower Advisory Group, LLC | $30,501 reported compensation |
| Empower Financial Services, Inc. | $10 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013123840NAL0001317041001, received 2025-10-13, EIN 52-2145827, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.