Digicert Inc 401(k) Review & Grade
Digicert 401(k) Retirement Plan
Lehi, UTProfessional, Scientific & Technical Services667 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,694Employer $ per active participant
$13,139Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$85.0MNet plan assets, end of year
$95,857Average balance per account
Score breakdown
- Employer generosity38.9 / 5078th percentile for employer $ per participant
- Low cost12.4 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 78th |
| Lower admin cost | 50th |
| Employee saving | 81th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $504 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Digicert put in about $5,694 per active participant, more than the typical peer ($3,082). 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 | $3,798,107 |
| Participant (employee) contributions | $8,763,547 |
| Other contributions (incl. rollovers in) | $1,256,788 |
| Administrative expenses paid from the plan | $178,381 |
| Contract administrator fees | $176,771 |
| Other admin expenses | $1,610 |
| Benefits paid out | $6,684,073 |
| Net assets, start / end of year | $67.7M / $85.0M |
| Active participants, start / end of year | 661 / 673 |
| Participants with account balances | 887 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Tanner LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $176,770 reported compensation |
| Global Retirement Partners LLC | $71,757 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250708151955NAL0011529970001, received 2025-07-08, EIN 41-2089542, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.