Igt Global Solutions Corporation 401(k) Review & Grade
Igt 401(k) Retirement Savings Plan
Providence, RIProfessional, Scientific & Technical Services6,182 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,421Employer $ per active participant
$7,257Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$1.4BNet plan assets, end of year
$166,870Average balance per account
Score breakdown
- Employer generosity21.3 / 5043th percentile for employer $ per participant
- Low cost20.2 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving6.0 / 1540th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 81th |
| Employee saving | 40th |
| Peers that auto-enroll | 47% |
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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
- Igt Global Solutions put in about $2,421 per active participant, below the typical peer ($2,951). 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 | $14,967,841 |
| Participant (employee) contributions | $44,858,562 |
| Other contributions (incl. rollovers in) | $3,311,789 |
| Administrative expenses paid from the plan | $587,548 |
| Contract administrator fees | $1,800 |
| Investment advisory & management fees | $174,640 |
| Benefits paid out | $126,133,787 |
| Net assets, start / end of year | $1.2B / $1.4B |
| Active participants, start / end of year | 6,006 / 6,357 |
| Participants with account balances | 8,236 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
| Employer stock held by plan | $1,801,267 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $315,952 reported compensation |
| Strategic Advisors, Inc. | $174,640 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015090954NAL0004413617001, received 2025-10-15, EIN 88-0173041, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.