Retail Services Wis Corporation 401(k) Review & Grade
The W. I. S. International 401(k) Savings Plan
Plano, TXAdministrative, Support & Staffing Services3,245 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$872Employer $ per active participant
$3,256Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$180.6MNet plan assets, end of year
$54,685Average balance per account
Score breakdown
- Employer generosity34.3 / 5069th percentile for employer $ per participant
- Low cost5.8 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving11.3 / 1575th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score41 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 23th |
| Employee saving | 75th |
| Peers that auto-enroll | 22% |
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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 ($833,112 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,262,837 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Retail Services Wis put in about $872 per active participant, more than the typical peer ($342). 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.
- Direct plan expenses (0.30% of assets) are well above similar-size plans (0.12%). 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 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 | $2,828,341 |
| Participant (employee) contributions | $10,566,172 |
| Other contributions (incl. rollovers in) | $661,995 |
| Administrative expenses paid from the plan | $628,107 |
| Other admin expenses | $628,107 |
| Benefits paid out | $99,879,533 |
| Net assets, start / end of year | $241.3M / $180.6M |
| Active participants, start / end of year | 4,548 / 1,942 |
| Participants with account balances | 3,303 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $469,407 reported compensation |
| Onedigital Investment Adv LLC | $168,798 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014115241NAL0001335683001, received 2025-10-14, EIN 82-1186785, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.