Iso Poly Films, Inc. 401(k) Review & Grade
Iso Poly Films, Inc. 401(k) Retirement Plan
Pompano Beach, FLManufacturing644 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,032Employer $ per active participant
$2,358Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$23.8MNet plan assets, end of year
$32,594Average balance per account
Score breakdown
- Employer generosity8.8 / 5018th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving2.3 / 1516th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 24th |
| Employee saving | 16th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $160,461 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Iso Poly Films put in about $1,032 per active participant, below the typical peer ($2,320). 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.
- Direct plan expenses (0.48% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $665,138 |
| Participant (employee) contributions | $1,519,867 |
| Other contributions (incl. rollovers in) | $30,007 |
| Administrative expenses paid from the plan | $108,137 |
| Contract administrator fees | $108,137 |
| Benefits paid out | $1,556,950 |
| Net assets, start / end of year | $21.2M / $23.8M |
| Active participants, start / end of year | 632 / 657 |
| Participants with account balances | 731 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Berkowitz Pollack Brant |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $108,137 reported compensation |
| Merrill Lynch | $41,763 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251112084445NAL0008331856001, received 2025-11-12, EIN 58-2302560, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.