Cox Enterprises, Inc. 401(k) Review & Grade
Cox Enterprises, Inc. 401(k) Plan
Atlanta, GAInformation43,921 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,043Employer $ per active participant
$7,930Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$8.1BNet plan assets, end of year
$134,490Average balance per account
Score breakdown
- Employer generosity22.4 / 5045th percentile for employer $ per participant
- Low cost14.1 / 2557th percentile for low admin cost vs. same-size plans
- Employee saving4.1 / 1528th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Information plans with 10,000+ active participants (30 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 57th |
| Employee saving | 28th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
Corrective distributions: the plan refunded $11,584 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cox Enterprises put in about $5,043 per active participant, below the typical peer ($5,217). 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.
- 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 | $221,473,977 |
| Participant (employee) contributions | $348,301,990 |
| Other contributions (incl. rollovers in) | $31,176,200 |
| Administrative expenses paid from the plan | $5,559,582 |
| Contract administrator fees | $175,390 |
| Investment advisory & management fees | $3,594,894 |
| Other admin expenses | $348,073 |
| Benefits paid out | $613,254,624 |
| Net assets, start / end of year | $7.1B / $8.1B |
| Active participants, start / end of year | 45,347 / 42,495 |
| Participants with account balances | 60,459 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| T. Rowe Price Associates, Inc. | $2,199,527 reported compensation |
| Vanguard Group Inc. | $1,920,840 reported compensation |
| Vanguard Advisers Inc. | $1,339,126 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010103925NAL0004152675001, received 2025-10-10, EIN 58-1035149, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.