The J.G. Wentworth Company, LLC 401(k) Review & Grade
The J.G. Wentworth Company 401(k) Plan
Chesterbrook, PAFinance & Insurance626 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,482Employer $ per active participant
$6,868Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$50.1MNet plan assets, end of year
$56,077Average balance per account
Score breakdown
- Employer generosity14.9 / 5030th percentile for employer $ per participant
- Low cost9.9 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 40th |
| Employee saving | 48th |
| Peers that auto-enroll | 62% |
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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 ($13,392 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- J.G. Wentworth Company put in about $2,482 per active participant, below the typical peer ($3,606). 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 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 | $1,554,022 |
| Participant (employee) contributions | $4,299,541 |
| Other contributions (incl. rollovers in) | $553,955 |
| Administrative expenses paid from the plan | $138,910 |
| Investment advisory & management fees | $50,000 |
| Benefits paid out | $3,029,586 |
| Net assets, start / end of year | $40.3M / $50.1M |
| Active participants, start / end of year | 464 / 788 |
| Participants with account balances | 893 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Herbein & Company, Inc. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $71,660 reported compensation |
| LPL Financial LLC | $50,000 reported compensation |
| Herbein + Co., Inc. | $17,250 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250903150550NAL0031775090001, received 2025-09-03, EIN 45-2961295, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.