TCW Admin, Inc. 401(k) Review & Grade
TCW Retirement Plan
Nashville, TNTransportation & Warehousing535 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$235Employer $ per active participant
$2,961Employee $ saved per active participant
0.82%Direct admin cost, % of plan assets
$19.5MNet plan assets, end of year
$27,334Average balance per account
Score breakdown
- Employer generosity5.8 / 5012th percentile for employer $ per participant
- Low cost2.4 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving7.2 / 1548th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score15 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 12th |
| Lower admin cost | 10th |
| Employee saving | 48th |
| Peers that auto-enroll | 37% |
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
Corrective distributions: the plan refunded $8,850 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- TCW Admin put in about $235 per active participant, below the typical peer ($1,070). 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 (0.82% 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 | $125,625 |
| Participant (employee) contributions | $1,584,266 |
| Other contributions (incl. rollovers in) | $27,400 |
| Administrative expenses paid from the plan | $152,872 |
| Investment advisory & management fees | $90,699 |
| Other admin expenses | $62,173 |
| Benefits paid out | $1,919,515 |
| Net assets, start / end of year | $17.8M / $19.5M |
| Active participants, start / end of year | 550 / 520 |
| Participants with account balances | 715 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Mullins, Clemmons & Mayes, PLLC |
Largest service providers (Schedule C)
| Gibson Capital | $71,952 reported compensation |
| The Vanguard Group | $55,550 reported compensation |
| Access Retirement Services, LLC | $22,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924124603NAL0009230419001, received 2025-09-24, EIN 47-2418521, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.