Reynolds American Inc. 401(k) Review & Grade
Rai 401k Savings Plan
Winston-Salem, NCManufacturing4,120 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$9,338Employer $ per active participant
$10,942Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$2.0BNet plan assets, end of year
$246,922Average balance per account
Score breakdown
- Employer generosity46.8 / 5094th percentile for employer $ per participant
- Low cost23.8 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving13.0 / 1587th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score94 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 95th |
| Employee saving | 87th |
| Peers that auto-enroll | 70% |
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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
- Reynolds American put in about $9,338 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 | $38,475,487 |
| Participant (employee) contributions | $45,084,614 |
| Other contributions (incl. rollovers in) | $5,958,343 |
| Administrative expenses paid from the plan | $332,531 |
| Other admin expenses | $171,410 |
| Benefits paid out | $215,159,205 |
| Net assets, start / end of year | $1.9B / $2.0B |
| Active participants, start / end of year | 3,913 / 4,328 |
| Participants with account balances | 8,190 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
| Employer stock held by plan | $99,635,022 |
Largest service providers (Schedule C)
| Cbiz Cpas P.C. | $81,069 reported compensation |
| Jones Day | $65,870 reported compensation |
| Fidelity Investments | $15,005 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008150152NAL0006037473001, received 2025-10-08, EIN 20-0546644, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.