Fidelity National Information Services, Inc. 401(k) Review & Grade
Fidelity National Information Services, Inc. 401(k) Profit Sharing Plan
Jacksonville, FLFinance & Insurance19,805 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,031Employer $ per active participant
$9,767Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$4.7BNet plan assets, end of year
$158,114Average balance per account
Score breakdown
- Employer generosity8.5 / 5017th percentile for employer $ per participant
- Low cost21.0 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 10,000+ active participants (72 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 84th |
| Employee saving | 56th |
| Peers that auto-enroll | 74% |
Get the monthly 401(k) report card
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Red flags from the filing
Corrective distributions: the plan refunded $50,580 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Fidelity National Information Services put in about $3,031 per active participant, below the typical peer ($5,179). 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.
- 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 | $60,023,272 |
| Participant (employee) contributions | $193,437,642 |
| Other contributions (incl. rollovers in) | $39,965,066 |
| Administrative expenses paid from the plan | $1,344,812 |
| Contract administrator fees | $4,500 |
| Investment advisory & management fees | $938,018 |
| Other admin expenses | $225,791 |
| Benefits paid out | $464,487,933 |
| Net assets, start / end of year | $4.6B / $4.7B |
| Active participants, start / end of year | 21,289 / 18,321 |
| Participants with account balances | 29,546 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Barnes Dennig |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $938,018 reported compensation |
| Newport Group Consulting, LLC | $226,957 reported compensation |
| Fidelity Investments Institutional | $128,962 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015103156NAL0002248819001, received 2025-10-15, EIN 37-1490331, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.