Bain and Company, Inc. 401(k) Review & Grade
Bain and Company, Inc. 401k Savings Plan
Boston, MAProfessional, Scientific & Technical Services6,244 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$13,161Employer $ per active participant
$17,497Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$2.4BNet plan assets, end of year
$232,923Average balance per account
Score breakdown
- Employer generosity48.0 / 5096th percentile for employer $ per participant
- Low cost22.8 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score81 / 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 | 96th |
| Lower admin cost | 91th |
| Employee saving | 90th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $446,841 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Bain and Company put in about $13,161 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.
- 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 | $82,170,928 |
| Participant (employee) contributions | $109,244,308 |
| Other contributions (incl. rollovers in) | $11,143,008 |
| Administrative expenses paid from the plan | $624,206 |
| Contract administrator fees | $612,434 |
| Other admin expenses | $11,772 |
| Benefits paid out | $73,981,399 |
| Net assets, start / end of year | $2.0B / $2.4B |
| Active participants, start / end of year | 6,441 / 6,046 |
| Participants with account balances | 10,480 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Vanguard Group Inc | $327,452 reported compensation |
| Vanguard Advisors | $292,023 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930155429NAL0029687554001, received 2025-09-30, EIN 04-2878322, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.