Pepsi Bottling Ventures LLC 401(k) Review & Grade
Pepsi Bottling Ventures 401(k) Plan
Raleigh, NCManufacturing3,062 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,197Employer $ per active participant
$4,003Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$219.7MNet plan assets, end of year
$62,716Average balance per account
Score breakdown
- Employer generosity15.6 / 5031th percentile for employer $ per participant
- Low cost7.8 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1524th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 31th |
| Employee saving | 24th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($69,624 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Pepsi Bottling Ventures put in about $2,197 per active participant, below the typical peer ($3,452). 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 (0.22% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $6,726,699 |
| Participant (employee) contributions | $12,257,546 |
| Other contributions (incl. rollovers in) | $763,410 |
| Administrative expenses paid from the plan | $469,096 |
| Investment advisory & management fees | $30,872 |
| Other admin expenses | $17,500 |
| Benefits paid out | $33,729,523 |
| Net assets, start / end of year | $206.3M / $219.7M |
| Active participants, start / end of year | 2,983 / 3,141 |
| Participants with account balances | 3,503 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eisneramper LLP |
Largest service providers (Schedule C)
| John Hancock | $240,013 reported compensation |
| Comperio Retirement Consulting, in | $70,000 reported compensation |
| Fidelity Investments Institutional | $54,331 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251117115214NAL0000684691001, received 2025-11-17, EIN 22-3657794, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.