Stantec Consulting Services Inc. 401(k) Review & Grade
Stantec 401(k) Plan
Chandler, AZProfessional, Scientific & Technical Services11,850 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,798Employer $ per active participant
$9,262Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$2.3BNet plan assets, end of year
$144,229Average balance per account
Score breakdown
- Employer generosity34.1 / 5068th percentile for employer $ per participant
- Low cost20.0 / 2580th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 80th |
| Employee saving | 55th |
| Peers that auto-enroll | 39% |
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Red flags from the filing
Corrective distributions: the plan refunded $37,002 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Stantec Consulting Services put in about $3,798 per active participant, more than the typical peer ($2,932). 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 | $45,002,656 |
| Participant (employee) contributions | $109,761,253 |
| Other contributions (incl. rollovers in) | $17,886,988 |
| Administrative expenses paid from the plan | $775,204 |
| Other admin expenses | $775,204 |
| Benefits paid out | $183,434,289 |
| Net assets, start / end of year | $2.0B / $2.3B |
| Active participants, start / end of year | 11,603 / 12,098 |
| Participants with account balances | 16,079 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Keegan Linscott & Kenon P.C. |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $668,144 reported compensation |
| Sageview Advisory Group, LLC | $84,000 reported compensation |
| Keegan Linscott & Associates, PC | $24,700 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251216144219NAL0001378611001, received 2025-12-16, EIN 11-2167170, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.