Quadient Inc. 401(k) Review & Grade
Quadient Inc. 401(k) Plan
Milford, CTManufacturing1,563 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,148Employer $ per active participant
$8,761Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$282.5MNet plan assets, end of year
$142,241Average balance per account
Score breakdown
- Employer generosity32.6 / 5065th percentile for employer $ per participant
- Low cost17.9 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1585th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 72th |
| Employee saving | 85th |
| 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
- Quadient put in about $3,148 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 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 | $4,920,502 |
| Participant (employee) contributions | $13,692,868 |
| Other contributions (incl. rollovers in) | $1,521,397 |
| Administrative expenses paid from the plan | $296,316 |
| Contract administrator fees | $900 |
| Investment advisory & management fees | $81,169 |
| Other admin expenses | $88,200 |
| Benefits paid out | $30,884,216 |
| Net assets, start / end of year | $253.5M / $282.5M |
| Active participants, start / end of year | 1,553 / 1,573 |
| Participants with account balances | 1,986 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | PKF O'connor Davies |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $99,566 reported compensation |
| Strategic Advisors, Inc. | $81,169 reported compensation |
| Cook Street Consulting, Inc. | $73,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015120258NAL0002370707001, received 2025-10-15, EIN 94-2388882, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.