Nestle USA, Inc. Savings Plan Administration 401(k) Review & Grade
Nestle 401(k) Savings Plan
Solon, OHManufacturing30,769 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,074Employer $ per active participant
$8,825Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$7.5BNet plan assets, end of year
$149,815Average balance per account
Score breakdown
- Employer generosity28.3 / 5057th percentile for employer $ per participant
- Low cost24.6 / 2598th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 98th |
| Employee saving | 53th |
| Peers that auto-enroll | 69% |
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($321 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Nestle USA, Inc. Savings Plan Administration put in about $6,074 per active participant, more than the typical peer ($5,480). 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.
- 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 | $186,887,309 |
| Participant (employee) contributions | $271,529,742 |
| Other contributions (incl. rollovers in) | $63,374,628 |
| Administrative expenses paid from the plan | $300,695 |
| Contract administrator fees | $53,398 |
| Investment advisory & management fees | $17,717 |
| Other admin expenses | $172,692 |
| Benefits paid out | $770,667,598 |
| Net assets, start / end of year | $6.8B / $7.5B |
| Active participants, start / end of year | 30,677 / 30,861 |
| Participants with account balances | 49,779 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ernst & Young U.S. LLP |
Largest service providers (Schedule C)
| Nestle USA | $77,446 reported compensation |
| Alvarez and Marsal Tax | $74,246 reported compensation |
| Calfee, Halter & Griswold | $56,255 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007111158NAL0002610291001, received 2025-10-07, EIN 95-1572209, plan #200, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.
Other 401(k) plans filed under this employer's EIN
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