The Boston Consulting Group, Inc. 401(k) Review & Grade
The Boston Consulting Group, Inc. Employees' Savings Plan and Profit Sharing Retirement Fund
Boston, MAProfessional, Scientific & Technical Services9,943 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$12,013Employer $ per active participant
$15,377Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$2.9BNet plan assets, end of year
$181,011Average balance per account
Score breakdown
- Employer generosity47.2 / 5094th percentile for employer $ per participant
- Low cost23.8 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving12.6 / 1584th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score91 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 95th |
| Employee saving | 84th |
| Peers that auto-enroll | 47% |
Red flags from the filing
Corrective distributions: the plan refunded $246,021 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Boston Consulting Group put in about $12,013 per active participant, more than the typical peer ($2,951). 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.
- 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 | $119,440,633 |
| Participant (employee) contributions | $152,894,203 |
| Other contributions (incl. rollovers in) | $24,994,598 |
| Administrative expenses paid from the plan | $467,670 |
| Other admin expenses | $467,670 |
| Benefits paid out | $137,770,733 |
| Net assets, start / end of year | $2.3B / $2.9B |
| Active participants, start / end of year | 10,210 / 9,676 |
| Participants with account balances | 16,256 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $467,670 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013075627NAL0000358259001, received 2025-10-13, EIN 04-2432614, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.
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