Wasserman Media Group, LLC 401(k) Review & Grade
Wasserman Media Group 401(k) Plan
Los Angeles, CAProfessional, Scientific & Technical Services1,396 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,358Employer $ per active participant
$9,320Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$107.7MNet plan assets, end of year
$58,552Average balance per account
Score breakdown
- Employer generosity12.4 / 5025th percentile for employer $ per participant
- Low cost11.0 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving7.9 / 1553th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score41 / 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 | 44th |
| Employee saving | 53th |
| Peers that auto-enroll | 48% |
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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
- Wasserman Media Group put in about $1,358 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 | $1,894,607 |
| Participant (employee) contributions | $13,005,922 |
| Other contributions (incl. rollovers in) | $8,926,552 |
| Administrative expenses paid from the plan | $251,790 |
| Investment advisory & management fees | $99,904 |
| Other admin expenses | $1,175 |
| Benefits paid out | $6,278,747 |
| Net assets, start / end of year | $77.5M / $107.7M |
| Active participants, start / end of year | 1,331 / 1,460 |
| Participants with account balances | 1,839 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $150,711 reported compensation |
| Raymond James Financial Services | $99,904 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002194526NAL0000509859001, received 2025-10-02, EIN 72-1559402, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.