Transperfect Translations International 401(k) Review & Grade
Transperfect Translations International, Inc. Retirement Plan
New York, NYProfessional, Scientific & Technical Services2,608 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$704Employer $ per active participant
$5,950Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$193.4MNet plan assets, end of year
$49,561Average balance per account
Score breakdown
- Employer generosity9.1 / 5018th percentile for employer $ per participant
- Low cost12.6 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving4.7 / 1531th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 50th |
| Employee saving | 31th |
| Peers that auto-enroll | 47% |
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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 ($9,734,061 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
- Transperfect Translations International put in about $704 per active participant, below the typical peer ($2,951). 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.
- 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 | $1,836,506 |
| Participant (employee) contributions | $15,513,354 |
| Other contributions (incl. rollovers in) | $1,042,867 |
| Administrative expenses paid from the plan | $214,424 |
| Contract administrator fees | $172,889 |
| Benefits paid out | $8,874,247 |
| Net assets, start / end of year | $159.0M / $193.4M |
| Active participants, start / end of year | 2,641 / 2,574 |
| Participants with account balances | 3,903 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eisneramper LLP |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $172,889 reported compensation |
| Roth & Co | $30,000 reported compensation |
| Laiken Associates Inc. | $11,535 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260827174117NAL0002897747001, received 2026-08-27, EIN 13-3686771, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.