Advanced Energy Industries, Inc. 401(k) Review & Grade
Advanced Energy Industries, Inc. 401(k) Profit Sharing Plan
Fort Collins, COManufacturing1,144 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,355Employer $ per active participant
$11,321Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$259.6MNet plan assets, end of year
$160,460Average balance per account
Score breakdown
- Employer generosity39.2 / 5078th percentile for employer $ per participant
- Low cost22.3 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 78th |
| Lower admin cost | 89th |
| Employee saving | 93th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($495,065 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $6,968 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Advanced Energy Industries put in about $4,355 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $4,984,691 |
| Participant (employee) contributions | $12,956,385 |
| Other contributions (incl. rollovers in) | $3,161,200 |
| Administrative expenses paid from the plan | $107,871 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $64,860 |
| Benefits paid out | $24,041,997 |
| Net assets, start / end of year | $228.7M / $259.6M |
| Active participants, start / end of year | 1,153 / 1,136 |
| Participants with account balances | 1,618 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Brock and Company, Cpas, P.C. |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $53,610 reported compensation |
| Fidelity Investments Institutional | $43,011 reported compensation |
| First Western Trust | $11,250 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250911115434NAL0000461553001, received 2025-09-11, EIN 84-0846841, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.