Haleon US Holdings LLC 401(k) Review & Grade
Haleon 401(k) Plan
Warren, NJManufacturing2,617 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$14,978Employer $ per active participant
$12,048Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$734.7MNet plan assets, end of year
$251,422Average balance per account
Score breakdown
- Employer generosity49.7 / 5099th percentile for employer $ per participant
- Low cost20.9 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving13.6 / 1591th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score87 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 83th |
| Employee saving | 91th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Haleon US Holdings put in about $14,978 per active participant, more than the typical peer ($3,452). 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 | $39,198,152 |
| Participant (employee) contributions | $31,528,749 |
| Other contributions (incl. rollovers in) | $2,794,256 |
| Administrative expenses paid from the plan | $279,997 |
| Investment advisory & management fees | $279,997 |
| Benefits paid out | $73,270,245 |
| Net assets, start / end of year | $644.6M / $734.7M |
| Active participants, start / end of year | 2,726 / 2,508 |
| Participants with account balances | 2,922 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
| Employer stock held by plan | $2,928,551 |
Largest service providers (Schedule C)
| Alight Financial Advisors, LLC | $279,997 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250723184529NAL0005853792001, received 2025-07-23, EIN 47-2931057, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.