Service Corporation Intl 401(k) Review & Grade
The Sci 401(k) Retirement Savings Plan
Houston, TXOther Services22,028 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,473Employer $ per active participant
$3,726Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$1.8BNet plan assets, end of year
$66,670Average balance per account
Score breakdown
- Employer generosity26.3 / 5053th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving6.1 / 1541th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score53 / 100 · Grade C
This plan vs. peers
Peers: all industries, plans with 10,000+ active participants (fewer than 30 industry peers) (820 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 55th |
| Employee saving | 41th |
| Peers that auto-enroll | 50% |
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Red flags from the filing
Corrective distributions: the plan refunded $99,771 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Service Corporation Intl put in about $2,473 per active participant, more than the typical peer ($2,229). 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 | $54,478,104 |
| Participant (employee) contributions | $82,071,220 |
| Other contributions (incl. rollovers in) | $9,609,086 |
| Administrative expenses paid from the plan | $1,286,738 |
| Investment advisory & management fees | $272,132 |
| Benefits paid out | $171,404,853 |
| Net assets, start / end of year | $1.6B / $1.8B |
| Active participants, start / end of year | 22,263 / 21,793 |
| Participants with account balances | 26,303 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Harper & Pearson Company, P.C. |
| Employer stock held by plan | $186,065,538 |
Largest service providers (Schedule C)
| Schwab Retirememt Plan Services Inc | $1,024,813 reported compensation |
| Mercer Investment Management | $91,190 reported compensation |
| Harper & Pearson Company | $34,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014153109NAL0001618787001, received 2025-10-14, EIN 74-1488375, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.