Avon Protection Systems, Inc. 401(k) Review & Grade
Avon Protection & Team Wendy Retirement Plan
Cadillac, MIManufacturing580 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,541Employer $ per active participant
$6,474Employee $ saved per active participant
0.45%Direct admin cost, % of plan assets
$61.7MNet plan assets, end of year
$69,644Average balance per account
Score breakdown
- Employer generosity34.6 / 5069th percentile for employer $ per participant
- Low cost6.6 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving10.3 / 1569th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 26th |
| Employee saving | 69th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Avon Protection Systems put in about $3,541 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.
- Direct plan expenses (0.45% 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 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 | $2,052,153 |
| Participant (employee) contributions | $3,751,483 |
| Other contributions (incl. rollovers in) | $408,729 |
| Administrative expenses paid from the plan | $283,808 |
| Investment advisory & management fees | $93,117 |
| Other admin expenses | $88,992 |
| Benefits paid out | $14,338,745 |
| Net assets, start / end of year | $63.8M / $61.7M |
| Active participants, start / end of year | 585 / 574 |
| Participants with account balances | 886 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Uhy LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $101,699 reported compensation |
| Concurrent Investment Advisors LLC | $89,810 reported compensation |
| Advised Assets Group, LLC | $3,307 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260715122216NAL0003715680001, received 2026-07-15, EIN 36-3366161, plan #004, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.