Simpson Gumpertz & Heger Inc. 401(k) Review & Grade
SGH Profit Sharing & 401(k) Plan and Trust
Waltham, MAProfessional, Scientific & Technical Services754 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$20,560Employer $ per active participant
$9,682Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$464.1MNet plan assets, end of year
$439,458Average balance per account
Score breakdown
- Employer generosity49.8 / 50100th percentile for employer $ per participant
- Low cost21.6 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score83 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 100th |
| Lower admin cost | 87th |
| Employee saving | 56th |
| Peers that auto-enroll | 48% |
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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
- Simpson Gumpertz & Heger put in about $20,560 per active participant, more than the typical peer ($3,082). 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.
- 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 | $15,492,019 |
| Participant (employee) contributions | $7,295,229 |
| Other contributions (incl. rollovers in) | $2,501,862 |
| Administrative expenses paid from the plan | $225,794 |
| Contract administrator fees | $390 |
| Investment advisory & management fees | $128,696 |
| Benefits paid out | $14,872,176 |
| Net assets, start / end of year | $397.1M / $464.1M |
| Active participants, start / end of year | 742 / 765 |
| Participants with account balances | 1,056 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $119,158 reported compensation |
| Global Retirement Partners LLC | $75,000 reported compensation |
| Parker Brown Macaulay & Sheerin, PC | $15,290 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251120131751NAL0008289872001, received 2025-11-20, EIN 04-2256923, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.