Linde 401(k) Review & Grade
Nuco2 Management LLC 401(k) Savings & Retirement Plan
Stuart, FLTransportation & Warehousing1,318 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,000Employer $ per active participant
$4,047Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$47.3MNet plan assets, end of year
$36,866Average balance per account
Score breakdown
- Employer generosity23.8 / 5048th percentile for employer $ per participant
- Low cost15.0 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving9.6 / 1564th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 60th |
| Employee saving | 64th |
| Peers that auto-enroll | 37% |
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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
- Linde put in about $1,000 per active participant, below the typical peer ($1,070). 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 | $1,319,001 |
| Participant (employee) contributions | $5,335,544 |
| Other contributions (incl. rollovers in) | $820,448 |
| Administrative expenses paid from the plan | $73,856 |
| Other admin expenses | $1,000 |
| Benefits paid out | $5,980,567 |
| Net assets, start / end of year | $40.9M / $47.3M |
| Active participants, start / end of year | 1,146 / 1,491 |
| Participants with account balances | 1,282 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cohnreznick LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $43,665 reported compensation |
| Cohnreznick LLP | $23,865 reported compensation |
| Groom Law Group, Chartered | $5,604 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014094200NAL0002529649001, received 2025-10-14, EIN 26-2040986, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.