American Air Liquide Holdings, Inc. 401(k) Review & Grade
Air Liquide & Airgas 401(k) Plan
Houston, TXManufacturing17,445 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,554Employer $ per active participant
$7,204Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$2.2BNet plan assets, end of year
$107,997Average balance per account
Score breakdown
- Employer generosity9.7 / 5019th percentile for employer $ per participant
- Low cost17.7 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 71th |
| Employee saving | 37th |
| Peers that auto-enroll | 69% |
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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
- American Air Liquide Holdings put in about $2,554 per active participant, below the typical peer ($5,480). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $44,546,273 |
| Participant (employee) contributions | $125,676,132 |
| Other contributions (incl. rollovers in) | $9,602,771 |
| Administrative expenses paid from the plan | $1,064,919 |
| Other admin expenses | $5,887 |
| Benefits paid out | $244,861,466 |
| Net assets, start / end of year | $2.0B / $2.2B |
| Active participants, start / end of year | 17,600 / 17,290 |
| Participants with account balances | 20,446 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Torrillo and Associates, LLC |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $1,059,032 reported compensation |
| Alight Solutions LLC | $5,887 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014103851NAL0001229875001, received 2025-10-14, EIN 75-3174747, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.