Agero, Inc. 401(k) Review & Grade
Agero, Inc. Retirement Plan
Medford, MATransportation & Warehousing1,944 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,326Employer $ per active participant
$5,440Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$190.9MNet plan assets, end of year
$83,568Average balance per account
Score breakdown
- Employer generosity38.0 / 5076th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 69th |
| Employee saving | 77th |
| 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
- Agero put in about $2,326 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.
- 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 | $4,522,167 |
| Participant (employee) contributions | $10,574,778 |
| Other contributions (incl. rollovers in) | $2,463,702 |
| Administrative expenses paid from the plan | $213,979 |
| Benefits paid out | $19,569,698 |
| Net assets, start / end of year | $160.7M / $190.9M |
| Active participants, start / end of year | 1,858 / 2,030 |
| Participants with account balances | 2,284 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $213,979 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014110848NAL0002598385001, received 2025-10-14, EIN 04-2534134, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.