Autozone Puerto Rico 401(k) Review & Grade
Autozone Puerto Rico, Inc. Retirement Savings Plan
Memphis, TNRetail Trade1,252 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$266Employer $ per active participant
$663Employee $ saved per active participant
1.59%Direct admin cost, % of plan assets
$5.8MNet plan assets, end of year
$4,114Average balance per account
Score breakdown
- Employer generosity9.6 / 5019th percentile for employer $ per participant
- Low cost0.6 / 252th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score11 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 2th |
| Employee saving | 8th |
| Peers that auto-enroll | 48% |
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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
- Autozone Puerto Rico put in about $266 per active participant, below the typical peer ($743). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (1.59% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $333,022 |
| Participant (employee) contributions | $830,324 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $82,958 |
| Other admin expenses | $82,958 |
| Benefits paid out | $467,287 |
| Net assets, start / end of year | $4.7M / $5.8M |
| Active participants, start / end of year | 1,071 / 1,433 |
| Participants with account balances | 1,406 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $74,027 reported compensation |
| Banco Popular De Puerto Rico | $8,932 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015135216NAL0006480096001, received 2025-10-15, EIN 20-0888882, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.