Xylem Inc. 401(k) Review & Grade
Sensus USA Inc. Union 401(k) Plan
White Plains, NYManufacturing906 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$686Employer $ per active participant
$952Employee $ saved per active participant
0.75%Direct admin cost, % of plan assets
$8.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.1 / 5010th percentile for employer $ per participant
- Low cost2.8 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving0.5 / 153th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score18 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 11th |
| Employee saving | 3th |
| 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
- Xylem put in about $686 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.
- Direct plan expenses (0.75% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $621,362 |
| Participant (employee) contributions | $862,190 |
| Other contributions (incl. rollovers in) | $24,280 |
| Administrative expenses paid from the plan | $58,541 |
| Investment advisory & management fees | $3,955 |
| Benefits paid out | $1,280,677 |
| Net assets, start / end of year | $7.2M / $8.3M |
| Active participants, start / end of year | 865 / 946 |
| Participants with account balances | 430 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Crowe LLP | $38,967 reported compensation |
| Fidelity Investments Institutional | $28,529 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014092408NAL0003480720001, received 2025-10-14, EIN 45-2080495, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.