Viscofan USA, Inc. 401(k) Review & Grade
Viscofan USA, Inc. Retirement Savings Plan
Danville, ILManufacturing506 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,275Employer $ per active participant
$2,796Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$41.6MNet plan assets, end of year
$119,108Average balance per account
Score breakdown
- Employer generosity12.3 / 5025th percentile for employer $ per participant
- Low cost13.3 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving3.1 / 1520th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 53th |
| Employee saving | 20th |
| 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
- Viscofan USA put in about $1,275 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $645,787 |
| Participant (employee) contributions | $1,416,210 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $84,349 |
| Investment advisory & management fees | $59,079 |
| Benefits paid out | $5,790,848 |
| Net assets, start / end of year | $40.1M / $41.6M |
| Active participants, start / end of year | 526 / 487 |
| Participants with account balances | 349 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | The Highlands Accounting Group |
Largest service providers (Schedule C)
| Truist Bank | $54,636 reported compensation |
| Schwab Retirement Plan Services,inc | $29,637 reported compensation |
| Charles Schwab & Co., Inc. | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015122500NAL0002285475001, received 2025-10-15, EIN 63-1196441, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.