Coca-Cola Consolidated, Inc. 401(k) Review & Grade
Coca-Cola Consolidated, Inc. 401(k) Plan
Charlotte, NCManufacturing15,538 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,083Employer $ per active participant
$3,209Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$1.1BNet plan assets, end of year
$72,146Average balance per account
Score breakdown
- Employer generosity8.3 / 5017th percentile for employer $ per participant
- Low cost10.0 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 40th |
| Employee saving | 10th |
| Peers that auto-enroll | 69% |
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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
- Coca-Cola Consolidated put in about $2,083 per active participant, below the typical peer ($5,480). 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 | $32,372,104 |
| Participant (employee) contributions | $49,863,610 |
| Other contributions (incl. rollovers in) | $3,261,912 |
| Administrative expenses paid from the plan | $1,104,527 |
| Benefits paid out | $99,773,509 |
| Net assets, start / end of year | $945.5M / $1.1B |
| Active participants, start / end of year | 15,589 / 15,486 |
| Participants with account balances | 14,756 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Greerwalker LLP |
Largest service providers (Schedule C)
| Fidelity Inv. Inst. Ops. Co. | $1,308,209 reported compensation |
| Captrust Financial Advisors | $183,883 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009123131NAL0010949968001, received 2025-10-09, EIN 56-0950585, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.