Acco Brands Corporation 401(k) Review & Grade
Acco Brands Corporation 401(k) Plan
Lake Zurich, ILManufacturing1,393 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,873Employer $ per active participant
$7,441Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$381.5MNet plan assets, end of year
$161,183Average balance per account
Score breakdown
- Employer generosity40.9 / 5082th percentile for employer $ per participant
- Low cost20.5 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 82th |
| Employee saving | 76th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $14,912 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Acco Brands put in about $4,873 per active participant, more than the typical peer ($2,320). 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 | $6,788,555 |
| Participant (employee) contributions | $10,365,142 |
| Other contributions (incl. rollovers in) | $938,795 |
| Administrative expenses paid from the plan | $250,665 |
| Contract administrator fees | $300 |
| Other admin expenses | $85,384 |
| Benefits paid out | $41,225,005 |
| Net assets, start / end of year | $354.2M / $381.5M |
| Active participants, start / end of year | 1,568 / 1,218 |
| Participants with account balances | 2,367 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
| Employer stock held by plan | $1,749,759 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $165,346 reported compensation |
| Capital Stratagies | $47,500 reported compensation |
| Crowe Horwath LLP | $37,380 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250630134042NAL0011218449001, received 2025-06-30, EIN 36-2704017, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.