Datascope Corp. 401(k) Review & Grade
Getinge Group 401(k) Retirement Plan
Wayne, NJManufacturing2,544 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,996Employer $ per active participant
$11,390Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$642.8MNet plan assets, end of year
$176,782Average balance per account
Score breakdown
- Employer generosity38.8 / 5078th percentile for employer $ per participant
- Low cost17.1 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving13.2 / 1588th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 78th |
| Lower admin cost | 68th |
| Employee saving | 88th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $702 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Datascope put in about $5,996 per active participant, more than the typical peer ($3,452). 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.
- 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 | $15,257,629 |
| Participant (employee) contributions | $28,982,196 |
| Other contributions (incl. rollovers in) | $4,251,707 |
| Administrative expenses paid from the plan | $433,966 |
| Contract administrator fees | $314,823 |
| Investment advisory & management fees | $91,393 |
| Benefits paid out | $81,279,927 |
| Net assets, start / end of year | $591.7M / $642.8M |
| Active participants, start / end of year | 2,487 / 2,602 |
| Participants with account balances | 3,636 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Torrillo & Associates, LLC |
Largest service providers (Schedule C)
| John Hancock Retirement Plan Servic | $372,216 reported compensation |
| Captrust Financial Advisors | $34,000 reported compensation |
| Torrillo & Associates, LLC | $27,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013155208NAL0001555857001, received 2025-10-13, EIN 13-2529596, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.