The Scotts Company LLC 401(k) Review & Grade
The Scotts Company LLC Retirement Savings Plan
Marysville, OHManufacturing4,640 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,204Employer $ per active participant
$5,785Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$691.4MNet plan assets, end of year
$109,854Average balance per account
Score breakdown
- Employer generosity35.8 / 5072th percentile for employer $ per participant
- Low cost21.7 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving7.0 / 1546th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 87th |
| Employee saving | 46th |
| Peers that auto-enroll | 70% |
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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
- Scotts Company put in about $5,204 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.
- 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 | $24,147,144 |
| Participant (employee) contributions | $26,840,123 |
| Other contributions (incl. rollovers in) | $3,148,482 |
| Administrative expenses paid from the plan | $237,740 |
| Contract administrator fees | $1,500 |
| Benefits paid out | $81,425,324 |
| Net assets, start / end of year | $621.8M / $691.4M |
| Active participants, start / end of year | 4,668 / 4,612 |
| Participants with account balances | 6,294 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Meaden & Moore, LTD |
| Employer stock held by plan | $23,584,502 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $251,423 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923122440NAL0009164258001, received 2025-09-23, EIN 31-1414921, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.