Innocean Worldwide Americas, LLC 401(k) Review & Grade
Innocean Worldwide Americas, LLC 401(k) Plan
Huntington Beach, CAProfessional, Scientific & Technical Services660 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,337Employer $ per active participant
$9,281Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$70.0MNet plan assets, end of year
$98,661Average balance per account
Score breakdown
- Employer generosity27.5 / 5055th percentile for employer $ per participant
- Low cost8.9 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score44 / 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 | 55th |
| Lower admin cost | 36th |
| Employee saving | 52th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $7,445 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Innocean Worldwide Americas put in about $3,337 per active participant, more than the typical peer ($3,082). 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.
- Direct plan expenses (0.35% 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.
- 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 | $2,204,045 |
| Participant (employee) contributions | $6,130,013 |
| Other contributions (incl. rollovers in) | $1,362,771 |
| Administrative expenses paid from the plan | $217,474 |
| Investment advisory & management fees | $156,752 |
| Benefits paid out | $4,004,965 |
| Net assets, start / end of year | $56.0M / $70.0M |
| Active participants, start / end of year | 611 / 710 |
| Participants with account balances | 709 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bmss, LLC |
Largest service providers (Schedule C)
| Osaic Wealth Inc | $146,118 reported compensation |
| Fidelity Investments Institutional | $60,722 reported compensation |
| Strategic Advisors, Inc. | $10,634 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250813104005NAL0009005969001, received 2025-08-13, EIN 03-0377844, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.