The Segal Group, Inc. 401(k) Review & Grade
The Segal Group Profit Sharing Plan
New York, NYProfessional, Scientific & Technical Services1,118 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,867Employer $ per active participant
$14,273Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$590.8MNet plan assets, end of year
$351,640Average balance per account
Score breakdown
- Employer generosity31.2 / 5062th percentile for employer $ per participant
- Low cost24.3 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 97th |
| Employee saving | 86th |
| Peers that auto-enroll | 48% |
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 $2,446 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Segal Group put in about $3,867 per active participant, more than the typical peer ($3,082). 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 | $4,325,233 |
| Participant (employee) contributions | $15,963,827 |
| Other contributions (incl. rollovers in) | $3,119,311 |
| Administrative expenses paid from the plan | $69,216 |
| Other admin expenses | $2,000 |
| Benefits paid out | $43,041,509 |
| Net assets, start / end of year | $531.8M / $590.8M |
| Active participants, start / end of year | 1,108 / 1,129 |
| Participants with account balances | 1,680 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohnreznick |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $45,166 reported compensation |
| Cohnreznick LLP | $22,050 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929143307NAL0010978113001, received 2025-09-29, EIN 06-0839113, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.