The Interpublic Group of Companies, Inc. 401(k) Review & Grade
The Interpublic Group of Companies, Inc. Savings Plan
New York, NYProfessional, Scientific & Technical Services22,603 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,983Employer $ per active participant
$8,913Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$4.1BNet plan assets, end of year
$121,450Average balance per account
Score breakdown
- Employer generosity26.8 / 5054th percentile for employer $ per participant
- Low cost9.6 / 2538th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th 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 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 54th |
| Lower admin cost | 38th |
| Employee saving | 49th |
| Peers that auto-enroll | 39% |
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Red flags from the filing
Corrective distributions: the plan refunded $35,522 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Interpublic Group of Companies put in about $2,983 per active participant, more than the typical peer ($2,932). 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.
- 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 | $67,426,306 |
| Participant (employee) contributions | $201,460,178 |
| Other contributions (incl. rollovers in) | $34,115,999 |
| Administrative expenses paid from the plan | $4,418,458 |
| Investment advisory & management fees | $3,629,728 |
| Other admin expenses | $23,239 |
| Benefits paid out | $448,717,851 |
| Net assets, start / end of year | $3.7B / $4.1B |
| Active participants, start / end of year | 24,024 / 21,182 |
| Participants with account balances | 33,543 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricewaterhouse Coopers |
| Employer stock held by plan | $7,099,375 |
Largest service providers (Schedule C)
| Empower Advisory Group, LLC | $1,939,663 reported compensation |
| Allspring Global Investments | $1,081,766 reported compensation |
| Empower Annuity Insurance Company | $829,391 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251001134755NAL0012703553001, received 2025-10-01, EIN 13-1024020, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.