PCX Aerostructures, LLC 401(k) Review & Grade
PCX Aerostructures LLC 401(k) Plan · d/b/a PCX Aerosystems
Newington, CTManufacturing645 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,825Employer $ per active participant
$7,678Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$61.8MNet plan assets, end of year
$88,382Average balance per account
Score breakdown
- Employer generosity36.4 / 5073th percentile for employer $ per participant
- Low cost15.4 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 62th |
| Employee saving | 78th |
| 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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($35,599 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- PCX Aerostructures put in about $3,825 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.
- 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 | $2,467,385 |
| Participant (employee) contributions | $4,952,082 |
| Other contributions (incl. rollovers in) | $3,139,675 |
| Administrative expenses paid from the plan | $88,874 |
| Contract administrator fees | $88,874 |
| Benefits paid out | $5,731,444 |
| Net assets, start / end of year | $50.6M / $61.8M |
| Active participants, start / end of year | 650 / 640 |
| Participants with account balances | 699 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | PKF O'connor Davies, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $65,573 reported compensation |
| CWM, LLC | $48,875 reported compensation |
| Nova 401(k) Associates | $20,275 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006160938NAL0002037139002, received 2025-10-06, EIN 46-5187072, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.