Juul Labs, Inc. 401(k) Review & Grade
Juul Labs, Inc. 401k Plan
Washington, DCManufacturing616 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,829Employer $ per active participant
$14,711Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$149.6MNet plan assets, end of year
$108,607Average balance per account
Score breakdown
- Employer generosity43.5 / 5087th percentile for employer $ per participant
- Low cost22.6 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving14.6 / 1597th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 90th |
| Employee saving | 97th |
| Peers that auto-enroll | 59% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($288,552 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $91 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Juul Labs put in about $5,829 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,590,848 |
| Participant (employee) contributions | $9,062,033 |
| Other contributions (incl. rollovers in) | $1,588,880 |
| Administrative expenses paid from the plan | $55,247 |
| Investment advisory & management fees | $44,628 |
| Benefits paid out | $14,549,006 |
| Net assets, start / end of year | $129.2M / $149.6M |
| Active participants, start / end of year | 592 / 640 |
| Participants with account balances | 1,377 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | BPM LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $44,628 reported compensation |
| Fidelity Investments Institutional | $10,619 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014175336NAL0001743475001, received 2025-10-14, EIN 87-0798194, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.