Meltwater News US, Inc. 401(k) Review & Grade
Meltwater News US Inc. 401(k) Plan
Redwood City, CAInformation882 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,242Employer $ per active participant
$7,650Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$61.0MNet plan assets, end of year
$71,090Average balance per account
Score breakdown
- Employer generosity11.0 / 5022th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1542th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 45th |
| Employee saving | 42th |
| Peers that auto-enroll | 59% |
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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 ($588,819 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
- Meltwater News US put in about $1,242 per active participant, below the typical peer ($2,829). 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 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 | $1,094,619 |
| Participant (employee) contributions | $6,743,550 |
| Other contributions (incl. rollovers in) | $1,783,891 |
| Administrative expenses paid from the plan | $145,357 |
| Investment advisory & management fees | $55,520 |
| Benefits paid out | $4,414,838 |
| Net assets, start / end of year | $48.6M / $61.0M |
| Active participants, start / end of year | 901 / 862 |
| Participants with account balances | 858 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sensiba LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $89,837 reported compensation |
| Newfront Retirement Services Inc | $55,520 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251202120908NAL0012022705001, received 2025-12-02, EIN 20-8289528, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.