True World Holdings LLC 401(k) Review & Grade
True World Holdings 401(k) Plan
Rockleigh, NJWholesale Trade1,018 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$760Employer $ per active participant
$4,386Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$55.9MNet plan assets, end of year
$47,944Average balance per account
Score breakdown
- Employer generosity7.8 / 5016th percentile for employer $ per participant
- Low cost15.0 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1546th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 60th |
| Employee saving | 46th |
| Peers that auto-enroll | 53% |
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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
- True World Holdings put in about $760 per active participant, below the typical peer ($1,792). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $774,387 |
| Participant (employee) contributions | $4,466,774 |
| Other contributions (incl. rollovers in) | $506,116 |
| Administrative expenses paid from the plan | $86,385 |
| Investment advisory & management fees | $1 |
| Other admin expenses | $556 |
| Benefits paid out | $3,358,088 |
| Net assets, start / end of year | $47.9M / $55.9M |
| Active participants, start / end of year | 1,018 / 1,019 |
| Participants with account balances | 1,165 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Fgmk,llc |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $85,828 reported compensation |
| Charles Schwab & Co., Inc. | $2 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251001142356NAL0005972803001, received 2025-10-01, EIN 71-1013026, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.