Domtar Industries LLC 401(k) Review & Grade
Domtar US Hourly 401(k) Plan
Fort Mill, SCManufacturing3,546 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,436Employer $ per active participant
$7,814Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$595.1MNet plan assets, end of year
$194,207Average balance per account
Score breakdown
- Employer generosity36.4 / 5073th percentile for employer $ per participant
- Low cost18.7 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving9.9 / 1566th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 75th |
| Employee saving | 66th |
| 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
- Domtar Industries put in about $5,436 per active participant, more than the typical peer ($3,452). 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 | $19,278,809 |
| Participant (employee) contributions | $27,712,228 |
| Other contributions (incl. rollovers in) | $1,284,705 |
| Administrative expenses paid from the plan | $324,363 |
| Other admin expenses | $324,363 |
| Benefits paid out | $64,182,579 |
| Net assets, start / end of year | $538.8M / $595.1M |
| Active participants, start / end of year | 2,554 / 4,539 |
| Participants with account balances | 3,064 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Vanguard Advisers Inc. | $229,614 reported compensation |
| The Vanguard Group, Inc. | $107,299 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015134609NAL0002389779001, received 2025-10-15, EIN 25-1157103, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.