Wounded Warrior Project, Inc. 401(k) Review & Grade
Wounded Warrior Project 401(k) Plan
Jacksonville, FLHealth Care & Social Assistance896 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,846Employer $ per active participant
$6,123Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$64.7MNet plan assets, end of year
$60,897Average balance per account
Score breakdown
- Employer generosity40.7 / 5081th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving13.3 / 1589th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 56th |
| Employee saving | 89th |
| Peers that auto-enroll | 36% |
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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 ($1,464 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
- Wounded Warrior Project put in about $2,846 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $2,548,400 |
| Participant (employee) contributions | $5,483,171 |
| Other contributions (incl. rollovers in) | $1,358,228 |
| Administrative expenses paid from the plan | $111,996 |
| Investment advisory & management fees | $32,155 |
| Benefits paid out | $5,396,535 |
| Net assets, start / end of year | $53.2M / $64.7M |
| Active participants, start / end of year | 886 / 905 |
| Participants with account balances | 1,063 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $79,841 reported compensation |
| Empower Advisory Group, LLC | $32,155 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929091400NAL0013645472001, received 2025-09-29, EIN 20-2370934, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.