LSC Communications, LLC 401(k) Review & Grade
LSC Savings Plan
Warrenville, ILManufacturing8,154 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,855Employer $ per active participant
$3,372Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$969.6MNet plan assets, end of year
$72,564Average balance per account
Score breakdown
- Employer generosity41.8 / 5084th percentile for employer $ per participant
- Low cost13.1 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving2.8 / 1518th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 53th |
| Employee saving | 18th |
| Peers that auto-enroll | 70% |
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 $579,042 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- LSC Communications put in about $6,855 per active participant, more than the typical peer ($3,452). 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 | $55,894,527 |
| Participant (employee) contributions | $27,495,905 |
| Other contributions (incl. rollovers in) | $48,821,052 |
| Administrative expenses paid from the plan | $1,108,714 |
| Investment advisory & management fees | $422,938 |
| Benefits paid out | $237,858,734 |
| Net assets, start / end of year | $968.2M / $969.6M |
| Active participants, start / end of year | 9,534 / 6,773 |
| Participants with account balances | 13,362 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $859,107 reported compensation |
| Empower Advisory Group, LLC | $433,530 reported compensation |
| Northern Trust | $330,885 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260819072351NAL0022373266001, received 2026-08-19, EIN 85-3418344, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.