Constellation Brands, Inc. 401(k) Review & Grade
Constellation Brands, Inc. 401(k) and Profit Sharing Plan
Rochester, NYManufacturing3,953 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,032Employer $ per active participant
$10,411Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.1BNet plan assets, end of year
$191,583Average balance per account
Score breakdown
- Employer generosity42.4 / 5085th percentile for employer $ per participant
- Low cost21.3 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score83 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 85th |
| Employee saving | 83th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $335 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Constellation Brands put in about $7,032 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 | $27,797,560 |
| Participant (employee) contributions | $41,155,726 |
| Other contributions (incl. rollovers in) | $8,988,451 |
| Administrative expenses paid from the plan | $395,055 |
| Investment advisory & management fees | $60,846 |
| Benefits paid out | $90,105,320 |
| Net assets, start / end of year | $978.9M / $1.1B |
| Active participants, start / end of year | 3,795 / 4,111 |
| Participants with account balances | 5,758 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bonadio Group |
Largest service providers (Schedule C)
| Empower Life & Annuity Insurance Co | $322,443 reported compensation |
| Capfinancial Partners LLC DBA Captr | $60,846 reported compensation |
| Bonadio & Co LLP | $19,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014123413NAL0002910945001, received 2025-10-14, EIN 16-0716709, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.