Home Depot Puerto Rico, Inc. 401(k) Review & Grade
The Home Depot Futurebuilder for Puerto Rico
Atlanta, GARetail Trade3,006 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$681Employer $ per active participant
$1,340Employee $ saved per active participant
0.53%Direct admin cost, % of plan assets
$37.0MNet plan assets, end of year
$15,552Average balance per account
Score breakdown
- Employer generosity25.5 / 5051th percentile for employer $ per participant
- Low cost2.9 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1534th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 12th |
| Employee saving | 34th |
| Peers that auto-enroll | 42% |
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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
- Home Depot Puerto Rico put in about $681 per active participant, more than the typical peer ($650). 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.
- Direct plan expenses (0.53% of assets) are well above similar-size plans (0.12%). 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 | $2,048,604 |
| Participant (employee) contributions | $4,029,731 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $180,164 |
| Contract administrator fees | $125,242 |
| Investment advisory & management fees | $54,922 |
| Benefits paid out | $3,588,253 |
| Net assets, start / end of year | $30.7M / $37.0M |
| Active participants, start / end of year | 2,987 / 3,026 |
| Participants with account balances | 2,377 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | KPMG LLP |
Largest service providers (Schedule C)
| Alight Solutions, LLC | $87,505 reported compensation |
| Banco Popular De Puerto Rico | $54,922 reported compensation |
| Alight Financial Advisors, LLC | $37,737 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724064354NAL0002284419001, received 2025-07-24, EIN 66-0548924, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.