Worldwide Flight Services, Inc. 401(k) Review & Grade
Worldwide Flight Services, Inc. 401(k) Plan
Irving, TXTransportation & Warehousing15,606 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$342Employer $ per active participant
$684Employee $ saved per active participant
0.72%Direct admin cost, % of plan assets
$83.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity8.9 / 5018th percentile for employer $ per participant
- Low cost0.4 / 252th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1511th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score4 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 10,000+ active participants (46 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 2th |
| Employee saving | 11th |
| Peers that auto-enroll | 30% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($324,126 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
- Worldwide Flight Services put in about $342 per active participant, below the typical peer ($1,415). 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 (0.72% of assets) are well above similar-size plans (0.09%). 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 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 | $5,339,463 |
| Participant (employee) contributions | $10,667,345 |
| Other contributions (incl. rollovers in) | $1,759,324 |
| Administrative expenses paid from the plan | $562,008 |
| Contract administrator fees | $562,008 |
| Benefits paid out | $9,379,591 |
| Net assets, start / end of year | $73.5M / $83.3M |
| Active participants, start / end of year | 16,185 / 15,027 |
| Participants with account balances | 4,737 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $353,774 reported compensation |
| Merrill Lynch, Pierce, Fenner and S | $117,367 reported compensation |
| Nova 401(k) Associates | $80,742 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260908132052NAL0004969986001, received 2026-09-08, EIN 75-1932711, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.