Excelitas Technologies 401(k) Review & Grade
Excelitas Technologies Savings Plan
Billerica, MAWholesale Trade968 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,982Employer $ per active participant
$9,691Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$173.7MNet plan assets, end of year
$105,061Average balance per account
Score breakdown
- Employer generosity44.4 / 5089th percentile for employer $ per participant
- Low cost17.9 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 72th |
| Employee saving | 93th |
| Peers that auto-enroll | 53% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Excelitas Technologies put in about $4,982 per active participant, more than the typical peer ($1,792). 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 | $4,822,232 |
| Participant (employee) contributions | $9,380,434 |
| Other contributions (incl. rollovers in) | $5,898,882 |
| Administrative expenses paid from the plan | $172,017 |
| Investment advisory & management fees | $120,000 |
| Benefits paid out | $14,785,484 |
| Net assets, start / end of year | $137.4M / $173.7M |
| Active participants, start / end of year | 899 / 1,037 |
| Participants with account balances | 1,653 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | G.T. Reilly |
Largest service providers (Schedule C)
| Onedigital Investment Advisors LLC | $120,000 reported compensation |
| Fidelity Investments Institutional | $41,932 reported compensation |
| G.T. Reilly & Co. | $10,300 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009121717NAL0006967025001, received 2025-10-09, EIN 61-1624649, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.