Wartsila Holding, Inc. 401(k) Review & Grade
Wartsila Holding, Inc. Retirement Plan
Houston, TXOther Services982 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$9,658Employer $ per active participant
$9,542Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$193.0MNet plan assets, end of year
$147,229Average balance per account
Score breakdown
- Employer generosity48.6 / 5097th percentile for employer $ per participant
- Low cost22.9 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1592th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score95 / 100 · Grade A
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 92th |
| Employee saving | 92th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Wartsila Holding put in about $9,658 per active participant, more than the typical peer ($1,257). 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 | $9,479,579 |
| Participant (employee) contributions | $9,365,189 |
| Other contributions (incl. rollovers in) | $2,088,029 |
| Administrative expenses paid from the plan | $62,798 |
| Benefits paid out | $12,573,798 |
| Net assets, start / end of year | $163.9M / $193.0M |
| Active participants, start / end of year | 900 / 1,063 |
| Participants with account balances | 1,311 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Weaver & Tidwell LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $62,798 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015124716NAL0002430371001, received 2025-10-15, EIN 95-3418625, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.