Circor International, Inc. 401(k) Review & Grade
Circor International, Inc. 401(k) Savings Plan
Burlington, MAManufacturing1,182 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,838Employer $ per active participant
$9,216Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$178.8MNet plan assets, end of year
$96,861Average balance per account
Score breakdown
- Employer generosity36.5 / 5073th percentile for employer $ per participant
- Low cost15.2 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving13.0 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 61th |
| Employee saving | 86th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $8,821 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Circor International put in about $3,838 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.
- 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 | $4,534,405 |
| Participant (employee) contributions | $10,888,663 |
| Other contributions (incl. rollovers in) | $2,294,290 |
| Administrative expenses paid from the plan | $282,349 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $121,633 |
| Benefits paid out | $27,208,013 |
| Net assets, start / end of year | $166.8M / $178.8M |
| Active participants, start / end of year | 1,254 / 1,109 |
| Participants with account balances | 1,846 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $131,842 reported compensation |
| Sageview Advisory Group | $68,693 reported compensation |
| Strategic Advisors, Inc. | $52,940 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013164820NAL0001730145001, received 2025-10-13, EIN 04-3477276, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.