TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN

Overview

Plan Contact

  • Address: ONE BATTERY PARK PLAZA, 27TH FLOOR,NEW YORK,NY
  • Contact person: DUSTIN CARPER
  • Phone: (646) 613-2000

Plan General Information


At the end of 2022, the total retirement plan assets of TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is $76,587,049.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is 990

In 2022, the average participant retirement account value for TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is $77,360

In 2022, the estimated average employee contribution amount per participant for TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is $6,437

In 2022, the estimated average employer match for an employee in TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is approximately $1,937

In 2022, TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN allocates $1,918,591 to match its employees’ contributions, providing an employer match rate of 32.12% of their contributions

In 2022, the total retirement plan asset growth rate of TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is -10.52%

In 2022, the estimated aggregate retirement account investment gain/loss for TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is -16.41%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN is 0.12%.

Enrollment Features

TMP WORLDWIDE ADVERTISING & COMMUNICATIONS, LLC 401(K) SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.