Tempur-Pedic Management, LLC 401(k) Review & Grade
Tempur Sealy 401(k) Retirement Plan
Lexington, KYWholesale Trade4,982 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,442Employer $ per active participant
$3,385Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$328.1MNet plan assets, end of year
$100,649Average balance per account
Score breakdown
- Employer generosity14.2 / 5028th percentile for employer $ per participant
- Low cost18.9 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1525th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 28th |
| Lower admin cost | 76th |
| Employee saving | 25th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Tempur-Pedic Management put in about $1,442 per active participant, below the typical peer ($2,459). 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.
- 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 | $7,184,182 |
| Participant (employee) contributions | $16,866,407 |
| Other contributions (incl. rollovers in) | $2,682,317 |
| Administrative expenses paid from the plan | $172,949 |
| Contract administrator fees | $112,100 |
| Benefits paid out | $36,002,564 |
| Net assets, start / end of year | $297.8M / $328.1M |
| Active participants, start / end of year | 4,894 / 5,070 |
| Participants with account balances | 3,260 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Smith Leonard |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $112,100 reported compensation |
| Empower Annuity Insurance Company O | $56,556 reported compensation |
| Thompson Hine LLP | $4,756 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014114641NAL0003827760001, received 2025-10-14, EIN 26-2807648, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.