Saint-Gobain Corporation 401(k) Review & Grade
Saint-Gobain Corporation 401(k) Plan for Salaried Employees
Malvern, PAManufacturing6,665 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,046Employer $ per active participant
$11,505Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$1.8BNet plan assets, end of year
$192,717Average balance per account
Score breakdown
- Employer generosity29.8 / 5060th percentile for employer $ per participant
- Low cost17.9 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving13.4 / 1589th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 71th |
| Employee saving | 89th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $51,996 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Saint-Gobain put in about $4,046 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 | $26,968,958 |
| Participant (employee) contributions | $76,682,537 |
| Other contributions (incl. rollovers in) | $13,203,488 |
| Administrative expenses paid from the plan | $1,085,885 |
| Investment advisory & management fees | $435,232 |
| Benefits paid out | $211,756,583 |
| Net assets, start / end of year | $1.6B / $1.8B |
| Active participants, start / end of year | 6,560 / 6,770 |
| Participants with account balances | 9,526 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $386,776 reported compensation |
| Saint-Gobain Corporation | $105,815 reported compensation |
| Fidelity Investments Institutional | $92,202 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010143729NAL0007884545001, received 2025-10-10, EIN 23-2615166, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.