LX Hausys America, Inc. 401(k) Review & Grade
LX Hausys America, Inc. Savings Plan
Alpharetta, GAWholesale Trade500 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,335Employer $ per active participant
$3,897Employee $ saved per active participant
0.71%Direct admin cost, % of plan assets
$25.5MNet plan assets, end of year
$41,675Average balance per account
Score breakdown
- Employer generosity31.0 / 5062th percentile for employer $ per participant
- Low cost3.1 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 12th |
| Employee saving | 37th |
| Peers that auto-enroll | 53% |
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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
- LX Hausys America put in about $2,335 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.
- Direct plan expenses (0.71% 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.
- 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 | $1,168,824 |
| Participant (employee) contributions | $1,950,637 |
| Other contributions (incl. rollovers in) | $505,012 |
| Administrative expenses paid from the plan | $171,098 |
| Investment advisory & management fees | $35,315 |
| Benefits paid out | $3,940,036 |
| Net assets, start / end of year | $22.5M / $25.5M |
| Active participants, start / end of year | 488 / 513 |
| Participants with account balances | 613 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Klichs, LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $128,616 reported compensation |
| Morgan Stanley | $35,315 reported compensation |
| Klichs | $7,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015120019NAL0002255539001, received 2025-10-15, EIN 22-2895551, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.