Accosys, Inc. 401(k) Review & Grade
Accosys, Inc. 401(k) Profit Sharing Plan
Olathe, KSTransportation & Warehousing962 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,568Employer $ per active participant
$4,841Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$78.7MNet plan assets, end of year
$67,063Average balance per account
Score breakdown
- Employer generosity39.8 / 5080th percentile for employer $ per participant
- Low cost16.2 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1573th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 65th |
| Employee saving | 73th |
| Peers that auto-enroll | 37% |
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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
- Accosys put in about $2,568 per active participant, more than the typical peer ($1,070). 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 | $2,470,095 |
| Participant (employee) contributions | $4,657,042 |
| Other contributions (incl. rollovers in) | $913,916 |
| Administrative expenses paid from the plan | $104,738 |
| Investment advisory & management fees | $44,693 |
| Other admin expenses | $1,981 |
| Benefits paid out | $7,771,246 |
| Net assets, start / end of year | $69.4M / $78.7M |
| Active participants, start / end of year | 946 / 978 |
| Participants with account balances | 1,173 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pickett, Chaney, and Mcmullen, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $58,064 reported compensation |
| Creative Planning LLC | $44,693 reported compensation |
| Charles Schwab & Co., Inc. | $1,981 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009130904NAL0006627761001, received 2025-10-09, EIN 98-0393862, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.