Osram Sylvania Inc. 401(k) Review & Grade
Ams Osram Savings Plan
Hillsboro, NHManagement of Companies1,004 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,811Employer $ per active participant
$8,899Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$485.7MNet plan assets, end of year
$175,394Average balance per account
Score breakdown
- Employer generosity40.6 / 5081th percentile for employer $ per participant
- Low cost12.9 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving11.1 / 1574th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 52th |
| Employee saving | 74th |
| Peers that auto-enroll | 58% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($7,841,274 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Prohibited transactions: the plan reported non-exempt transactions with a party in interest.
What to do if you're in this plan
- Osram Sylvania put in about $5,811 per active participant, more than the typical peer ($2,492). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $5,834,088 |
| Participant (employee) contributions | $8,934,519 |
| Other contributions (incl. rollovers in) | $527,382 |
| Administrative expenses paid from the plan | $1,025,644 |
| Investment advisory & management fees | $390,893 |
| Other admin expenses | $473,501 |
| Benefits paid out | $44,931,256 |
| Net assets, start / end of year | $460.8M / $485.7M |
| Active participants, start / end of year | 961 / 1,047 |
| Participants with account balances | 2,769 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | KPMG, LLP |
Largest service providers (Schedule C)
| Alight Solutions LLC | $473,501 reported compensation |
| KPMG | $145,500 reported compensation |
| Invesco Advisors, Inc. | $143,406 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260119123233NAL0002102864001, received 2026-01-19, EIN 04-3349012, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.