Fca, LLC 401(k) Review & Grade
Fca, LLC 401(k) Savings Plan
Moline, ILManufacturing738 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,131Employer $ per active participant
$1,964Employee $ saved per active participant
0.79%Direct admin cost, % of plan assets
$21.3MNet plan assets, end of year
$38,650Average balance per account
Score breakdown
- Employer generosity10.0 / 5020th percentile for employer $ per participant
- Low cost2.6 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1511th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 10th |
| Employee saving | 11th |
| Peers that auto-enroll | 59% |
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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
- Fca put in about $1,131 per active participant, below the typical peer ($2,320). 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.
- Direct plan expenses (0.79% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $834,356 |
| Participant (employee) contributions | $1,449,175 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $158,868 |
| Contract administrator fees | $15,974 |
| Benefits paid out | $2,667,460 |
| Net assets, start / end of year | $19.0M / $21.3M |
| Active participants, start / end of year | 750 / 726 |
| Participants with account balances | 551 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Anderson Lower & Whitlow PC |
Largest service providers (Schedule C)
| Empower Annuity Ins Co of America | $73,054 reported compensation |
| Investment Consulting Group Inc | $39,087 reported compensation |
| Map Retirement USA LLC | $36,499 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007135652NAL0008267360001, received 2025-10-07, EIN 26-4300900, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.