TCW, LLC 401(k) Review & Grade
TCW, LLC Profit Sharing and Savings Plan
Los Angeles, CAFinance & Insurance625 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$10,981Employer $ per active participant
$21,823Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$347.0MNet plan assets, end of year
$334,002Average balance per account
Score breakdown
- Employer generosity46.6 / 5093th percentile for employer $ per participant
- Low cost23.5 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score92 / 100 · Grade A
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 94th |
| Employee saving | 98th |
| Peers that auto-enroll | 62% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $18,259 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- TCW put in about $10,981 per active participant, more than the typical peer ($3,606). 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 | $6,863,027 |
| Participant (employee) contributions | $13,639,431 |
| Other contributions (incl. rollovers in) | $721,769 |
| Administrative expenses paid from the plan | $83,477 |
| Investment advisory & management fees | $14,438 |
| Benefits paid out | $25,766,610 |
| Net assets, start / end of year | $304.3M / $347.0M |
| Active participants, start / end of year | 644 / 606 |
| Participants with account balances | 1,039 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $54,927 reported compensation |
| Moss Adams LLP | $28,350 reported compensation |
| Charles Schwab & Co., Inc. | $2,821 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251028103013NAL0006829889001, received 2025-10-28, EIN 47-5226798, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.