NPX One, LLC 401(k) Review & Grade
NPX One, LLC 401(k) Plan
Reading, PAManufacturing712 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,136Employer $ per active participant
$1,896Employee $ saved per active participant
0.65%Direct admin cost, % of plan assets
$18.2MNet plan assets, end of year
$48,836Average balance per account
Score breakdown
- Employer generosity10.1 / 5020th percentile for employer $ per participant
- Low cost3.8 / 2515th percentile for low admin cost vs. same-size plans
- Employee saving1.6 / 1510th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 15th |
| Employee saving | 10th |
| Peers that auto-enroll | 59% |
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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
- NPX One put in about $1,136 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 (0.65% 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.
- 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 | $809,617 |
| Participant (employee) contributions | $1,350,695 |
| Other contributions (incl. rollovers in) | $64,642 |
| Administrative expenses paid from the plan | $112,269 |
| Other admin expenses | $175 |
| Benefits paid out | $2,232,735 |
| Net assets, start / end of year | $16.5M / $18.2M |
| Active participants, start / end of year | 734 / 691 |
| Participants with account balances | 373 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $112,193 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014093024NAL0003495488001, received 2025-10-14, EIN 47-3315246, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.