Humanscale Corporation 401(k) Review & Grade
Humanscale 401(k) Plan
Piscataway, NJManufacturing695 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,374Employer $ per active participant
$6,305Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$67.5MNet plan assets, end of year
$73,243Average balance per account
Score breakdown
- Employer generosity25.7 / 5051th percentile for employer $ per participant
- Low cost23.4 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving10.1 / 1567th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 93th |
| Employee saving | 67th |
| Peers that auto-enroll | 59% |
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
Corrective distributions: the plan refunded $118 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Humanscale put in about $2,374 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.
- 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 | $1,649,938 |
| Participant (employee) contributions | $4,381,683 |
| Other contributions (incl. rollovers in) | $667,199 |
| Administrative expenses paid from the plan | $17,242 |
| Contract administrator fees | $12,025 |
| Investment advisory & management fees | $3,267 |
| Other admin expenses | $1,950 |
| Benefits paid out | $4,469,982 |
| Net assets, start / end of year | $57.0M / $67.5M |
| Active participants, start / end of year | 693 / 697 |
| Participants with account balances | 922 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PKF O'connor Davies, LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $14,501 reported compensation |
| Morningstar | $9,289 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250725154807NAL0015195138001, received 2025-07-25, EIN 11-2793425, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.