Tredegar Corporation 401(k) Review & Grade
Tredegar Corporation Retirement Savings Plan
Richmond, VAManufacturing1,449 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,616Employer $ per active participant
$4,487Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$137.3MNet plan assets, end of year
$78,912Average balance per account
Score breakdown
- Employer generosity28.0 / 5056th percentile for employer $ per participant
- Low cost14.7 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 59th |
| Employee saving | 44th |
| 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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Tredegar put in about $2,616 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 | $3,790,600 |
| Participant (employee) contributions | $6,501,416 |
| Other contributions (incl. rollovers in) | $633,620 |
| Administrative expenses paid from the plan | $240,200 |
| Investment advisory & management fees | $21,683 |
| Other admin expenses | $53,249 |
| Benefits paid out | $19,253,081 |
| Net assets, start / end of year | $136.5M / $137.3M |
| Active participants, start / end of year | 1,454 / 1,444 |
| Participants with account balances | 1,740 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pbmares, LLP |
| Employer stock held by plan | $4,915,044 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $118,030 reported compensation |
| Capfinancial Partners LLC | $53,250 reported compensation |
| Pbmares | $38,307 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250804154208NAL0002964882001, received 2025-08-04, EIN 54-1497771, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.