Reckitt Benckiser LLC 401(k) Review & Grade
The Savings Investment Plan for Employees of Reckitt Benckiser LLC
Parsippany, NJManufacturing4,950 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$9,268Employer $ per active participant
$9,808Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$1.3BNet plan assets, end of year
$154,555Average balance per account
Score breakdown
- Employer generosity46.5 / 5093th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1579th 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 score78 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 92th |
| Employee saving | 79th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $29,924 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Reckitt Benckiser put in about $9,268 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.
- 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 | $45,870,768 |
| Participant (employee) contributions | $48,543,387 |
| Other contributions (incl. rollovers in) | $5,507,119 |
| Administrative expenses paid from the plan | $316,393 |
| Investment advisory & management fees | $223,757 |
| Benefits paid out | $148,414,187 |
| Net assets, start / end of year | $1.2B / $1.3B |
| Active participants, start / end of year | 4,970 / 4,929 |
| Participants with account balances | 8,732 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran, PLLC |
| Employer stock held by plan | $24,080,901 |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $223,757 reported compensation |
| Fidelity Inv Inst Op Comp LLC | $92,636 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930091348NAL0014630704001, received 2025-09-30, EIN 16-1095651, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.