Bunzl USA, LLC 401(k) Review & Grade
Bunzl USA, LLC Deferred Savings Plan
ST. Louis, MOWholesale Trade5,541 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,225Employer $ per active participant
$6,389Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$942.3MNet plan assets, end of year
$115,431Average balance per account
Score breakdown
- Employer generosity32.4 / 5065th percentile for employer $ per participant
- Low cost14.5 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1570th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 58th |
| Employee saving | 70th |
| Peers that auto-enroll | 62% |
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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
- Bunzl USA put in about $3,225 per active participant, more than the typical peer ($2,459). 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 | $17,869,696 |
| Participant (employee) contributions | $35,399,876 |
| Other contributions (incl. rollovers in) | $4,294,815 |
| Administrative expenses paid from the plan | $861,682 |
| Contract administrator fees | $5,441 |
| Investment advisory & management fees | $447,049 |
| Other admin expenses | $89,144 |
| Benefits paid out | $86,001,656 |
| Net assets, start / end of year | $811.2M / $942.3M |
| Active participants, start / end of year | 5,486 / 5,596 |
| Participants with account balances | 8,163 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Uhy LLP |
Largest service providers (Schedule C)
| Vanguard Group Inc. | $458,792 reported compensation |
| Vanguard Advisers Inc. | $447,049 reported compensation |
| Qualified Plan Advisors | $9,343 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015113906NAL0002339859001, received 2025-10-15, EIN 13-1884179, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.