Bbu, Inc. 401(k) Review & Grade
Bimbo Bakeries USA Union Savings Plan
Horsham, PAManufacturing5,831 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$307Employer $ per active participant
$1,724Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$153.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity1.6 / 503th percentile for employer $ per participant
- Low cost13.3 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving0.7 / 155th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score9 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 3th |
| Lower admin cost | 53th |
| Employee saving | 5th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Bbu put in about $307 per active participant, below the typical peer ($3,452). 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.
- 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 | $1,787,276 |
| Participant (employee) contributions | $10,050,959 |
| Other contributions (incl. rollovers in) | $521,346 |
| Administrative expenses paid from the plan | $167,534 |
| Contract administrator fees | $1,800 |
| Benefits paid out | $21,241,418 |
| Net assets, start / end of year | $143.6M / $153.4M |
| Active participants, start / end of year | 5,641 / 6,021 |
| Participants with account balances | 2,887 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kreischer Miller |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $165,734 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007092312NAL0004553153001, received 2025-10-07, EIN 75-2490530, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.