Diebold Nixdorf, Incorporated 401(k) Review & Grade
Diebold, Incorporated 401(k) Savings Plan
North Canton, OHManufacturing3,506 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,855Employer $ per active participant
$5,945Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$571.5MNet plan assets, end of year
$119,023Average balance per account
Score breakdown
- Employer generosity12.8 / 5026th percentile for employer $ per participant
- Low cost18.5 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 26th |
| Lower admin cost | 74th |
| Employee saving | 48th |
| Peers that auto-enroll | 70% |
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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
- Diebold Nixdorf, Incorporated put in about $1,855 per active participant, below the typical peer ($3,452). 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 | $6,505,037 |
| Participant (employee) contributions | $20,841,513 |
| Other contributions (incl. rollovers in) | $6,605,518 |
| Administrative expenses paid from the plan | $322,618 |
| Investment advisory & management fees | $80,000 |
| Benefits paid out | $68,998,379 |
| Net assets, start / end of year | $531.5M / $571.5M |
| Active participants, start / end of year | 3,513 / 3,499 |
| Participants with account balances | 4,802 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bober, Markey, Fedorovich & Company |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $209,894 reported compensation |
| Onedigital Investment Advisors LLC | $80,000 reported compensation |
| Bober Markey Fedorovich | $32,700 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009082138NAL0011040672001, received 2025-10-09, EIN 34-0183970, plan #012, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.