Aphena Pharma Solutions Holdings 401(k) Review & Grade
Aphena Pharma Solutions 401(k) Plan
Cookeville, TNManufacturing504 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$486Employer $ per active participant
$1,422Employee $ saved per active participant
0.68%Direct admin cost, % of plan assets
$14.1MNet plan assets, end of year
$49,685Average balance per account
Score breakdown
- Employer generosity3.3 / 507th percentile for employer $ per participant
- Low cost3.4 / 2514th percentile for low admin cost vs. same-size plans
- Employee saving0.9 / 156th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 14th |
| Employee saving | 6th |
| 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 ($1,154 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $29,445 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Aphena Pharma Solutions Holdings put in about $486 per active participant, below the typical peer ($2,320). 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.
- Direct plan expenses (0.68% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $244,994 |
| Participant (employee) contributions | $717,364 |
| Other contributions (incl. rollovers in) | $55,231 |
| Administrative expenses paid from the plan | $94,925 |
| Investment advisory & management fees | $61,317 |
| Benefits paid out | $2,692,003 |
| Net assets, start / end of year | $13.8M / $14.1M |
| Active participants, start / end of year | 500 / 509 |
| Participants with account balances | 283 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Smith & Howard PC |
Largest service providers (Schedule C)
| Rothschild Investment Corporation | $56,038 reported compensation |
| Adp, Inc. | $37,387 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929051130NAL0026075074001, received 2025-09-29, EIN 20-8781790, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.