H.e.butt Grocery Company 401(k) Review & Grade
H-E-B Savings & Retirement Plan
San Antonio, TXRetail Trade108,834 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,295Employer $ per active participant
$2,265Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$4.3BNet plan assets, end of year
$60,833Average balance per account
Score breakdown
- Employer generosity39.8 / 5080th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1572th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 10,000+ active participants (124 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 46th |
| Employee saving | 72th |
| Peers that auto-enroll | 32% |
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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
- H.e.butt Grocery put in about $1,295 per active participant, more than the typical peer ($689). 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.
- 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 | $140,979,115 |
| Participant (employee) contributions | $246,476,730 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $3,849,277 |
| Contract administrator fees | $3,040,419 |
| Investment advisory & management fees | $808,858 |
| Benefits paid out | $325,627,389 |
| Net assets, start / end of year | $3.8B / $4.3B |
| Active participants, start / end of year | 104,613 / 113,055 |
| Participants with account balances | 71,186 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young |
Largest service providers (Schedule C)
| Conduent HR Services, LLC | $2,915,222 reported compensation |
| HS Management Partners, LLC | $212,714 reported compensation |
| WCM Investment Management | $182,692 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014110650NAL0001261795001, received 2025-10-14, EIN 74-0537175, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.