WSP USA Buildings Inc. 401(k) Review & Grade
WSP USA Retirement Savings Plan
New York, NYProfessional, Scientific & Technical Services15,620 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,930Employer $ per active participant
$10,024Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$3.3BNet plan assets, end of year
$153,301Average balance per account
Score breakdown
- Employer generosity24.6 / 5049th percentile for employer $ per participant
- Low cost18.0 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 72th |
| Employee saving | 62th |
| Peers that auto-enroll | 39% |
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Red flags from the filing
Corrective distributions: the plan refunded $22,759 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- WSP USA Buildings put in about $2,930 per active participant, below the typical peer ($2,932). 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 | $45,774,044 |
| Participant (employee) contributions | $156,570,498 |
| Other contributions (incl. rollovers in) | $39,163,123 |
| Administrative expenses paid from the plan | $1,516,415 |
| Investment advisory & management fees | $322,266 |
| Other admin expenses | $20,930 |
| Benefits paid out | $316,559,791 |
| Net assets, start / end of year | $3.0B / $3.3B |
| Active participants, start / end of year | 15,097 / 16,143 |
| Participants with account balances | 21,638 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Frazier & Deeter, LLC |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $758,425 reported compensation |
| The Lampo Group, Inc. | $243,410 reported compensation |
| Morningstar | $48,354 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250915083959NAL0002508162001, received 2025-09-15, EIN 13-1730785, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.