TMP Worldwide Advertising & Communications, LLC 401(k) Review & Grade
TMP Worldwide Advertising & Communications, LLC 401(k) Savings Plan
New York, NYProfessional, Scientific & Technical Services756 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,433Employer $ per active participant
$9,259Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$115.7MNet plan assets, end of year
$107,793Average balance per account
Score breakdown
- Employer generosity12.7 / 5025th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 63th |
| Employee saving | 52th |
| 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 $1,398 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- TMP Worldwide Advertising & Communications put in about $1,433 per active participant, below the typical peer ($3,082). 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.
- 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 | $1,083,609 |
| Participant (employee) contributions | $6,999,777 |
| Other contributions (incl. rollovers in) | $471,465 |
| Administrative expenses paid from the plan | $158,091 |
| Investment advisory & management fees | $67,586 |
| Benefits paid out | $8,774,514 |
| Net assets, start / end of year | $95.7M / $115.7M |
| Active participants, start / end of year | 770 / 742 |
| Participants with account balances | 1,073 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsenallen LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $99,571 reported compensation |
| Ubs Financial Services Inc | $56,820 reported compensation |
| Charles Schwab & Co., Inc. | $512 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010161034NAL0004400499001, received 2025-10-10, EIN 20-5269871, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.