Infineum USA Inc. 401(k) Review & Grade
Infineum Savings Plan
Linden, NJManufacturing528 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$10,920Employer $ per active participant
$15,052Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$386.2MNet plan assets, end of year
$562,177Average balance per account
Score breakdown
- Employer generosity48.7 / 5097th percentile for employer $ per participant
- Low cost23.3 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving14.6 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score80 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 93th |
| Employee saving | 98th |
| 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.
What to do if you're in this plan
- Infineum USA put in about $10,920 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.
- 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 | $5,760,272 |
| Participant (employee) contributions | $7,940,063 |
| Other contributions (incl. rollovers in) | $867,004 |
| Administrative expenses paid from the plan | $106,128 |
| Investment advisory & management fees | $96,213 |
| Benefits paid out | $22,351,191 |
| Net assets, start / end of year | $335.9M / $386.2M |
| Active participants, start / end of year | 530 / 525 |
| Participants with account balances | 687 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Assurance Dimensions |
| Employer stock held by plan | $22,984,448 |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $96,213 reported compensation |
| Fidelity Investments Institutional | $9,915 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013124456NAL0001963408001, received 2025-10-13, EIN 74-2890923, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.