Eco Material Technologies Inc. 401(k) Review & Grade
Eco Material Technologies 401(k) Plan
South Jordan, UTManufacturing988 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,693Employer $ per active participant
$5,716Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$127.6MNet plan assets, end of year
$65,591Average balance per account
Score breakdown
- Employer generosity28.7 / 5057th percentile for employer $ per participant
- Low cost18.1 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 72th |
| Employee saving | 61th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Eco Material Technologies put in about $2,693 per active participant, more than the typical peer ($2,320). 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 | $2,662,037 |
| Participant (employee) contributions | $5,650,622 |
| Other contributions (incl. rollovers in) | $1,099,332 |
| Administrative expenses paid from the plan | $135,520 |
| Contract administrator fees | $1,500 |
| Investment advisory & management fees | $10,856 |
| Benefits paid out | $23,694,424 |
| Net assets, start / end of year | $123.4M / $127.6M |
| Active participants, start / end of year | 868 / 1,109 |
| Participants with account balances | 1,945 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Traveller & Company LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $124,664 reported compensation |
| Strategic Advisors, Inc. | $10,856 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250625091152NAL0004625075001, received 2025-06-25, EIN 87-3609739, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.