World Group LLC 401(k) Review & Grade
The World Group Savings and Investment Plan
Cleveland, OHTransportation & Warehousing847 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,099Employer $ per active participant
$6,430Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$75.1MNet plan assets, end of year
$76,929Average balance per account
Score breakdown
- Employer generosity42.8 / 5086th percentile for employer $ per participant
- Low cost16.3 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 65th |
| Employee saving | 83th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,366 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- World Group put in about $3,099 per active participant, more than the typical peer ($1,070). 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.
- 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 | $2,625,079 |
| Participant (employee) contributions | $5,446,002 |
| Other contributions (incl. rollovers in) | $305,623 |
| Administrative expenses paid from the plan | $96,679 |
| Investment advisory & management fees | $42,012 |
| Benefits paid out | $6,296,909 |
| Net assets, start / end of year | $63.6M / $75.1M |
| Active participants, start / end of year | 818 / 876 |
| Participants with account balances | 976 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Barnes Wendling Cpas,inc. |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $66,551 reported compensation |
| Highland Consulting Associates | $23,079 reported compensation |
| Cookson Peirce & Co Inc | $5,260 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251028162636NAL0007112257001, received 2025-10-28, EIN 82-2539058, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.