Ticg Holdings, LLC 401(k) Review & Grade
The Fay Group 401k Plan
Chicago, ILFinance & Insurance793 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,120Employer $ per active participant
$5,005Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$27.8MNet plan assets, end of year
$34,369Average balance per account
Score breakdown
- Employer generosity5.2 / 5010th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1523th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 24th |
| Employee saving | 23th |
| Peers that auto-enroll | 62% |
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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
- Ticg Holdings put in about $1,120 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.
- Direct plan expenses (0.48% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $888,260 |
| Participant (employee) contributions | $3,968,859 |
| Other contributions (incl. rollovers in) | $803,714 |
| Administrative expenses paid from the plan | $118,950 |
| Contract administrator fees | $92,883 |
| Investment advisory & management fees | $26,067 |
| Benefits paid out | $2,677,454 |
| Net assets, start / end of year | $21.8M / $27.8M |
| Active participants, start / end of year | 797 / 789 |
| Participants with account balances | 809 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Porte Brown, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $73,967 reported compensation |
| Creative Planning, LLC | $26,076 reported compensation |
| Adp, Inc. | $18,916 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015122757NAL0002288435001, received 2025-10-15, EIN 88-0786992, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.