Liquid Web LLC 401(k) Review & Grade
Liquid Web LLC 401k Plan
Lansing, MIInformation526 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,777Employer $ per active participant
$5,574Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$36.6MNet plan assets, end of year
$47,138Average balance per account
Score breakdown
- Employer generosity24.3 / 5049th percentile for employer $ per participant
- Low cost5.7 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving4.0 / 1527th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 23th |
| Employee saving | 27th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($283,153 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Liquid Web put in about $2,777 per active participant, below the typical peer ($2,829). 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 (0.51% 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $1,462,208 |
| Participant (employee) contributions | $2,934,537 |
| Other contributions (incl. rollovers in) | $25,667 |
| Administrative expenses paid from the plan | $175,893 |
| Investment advisory & management fees | $83,988 |
| Benefits paid out | $4,935,136 |
| Net assets, start / end of year | $32.7M / $36.6M |
| Active participants, start / end of year | 542 / 511 |
| Participants with account balances | 777 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $91,905 reported compensation |
| Ubs Financial Services, Inc. | $83,989 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015181335NAL0007137248001, received 2025-10-15, EIN 38-3423459, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.