Unilever United States, Inc 401(k) Review & Grade
Unicare Savings Plan
Englewood Cliffs, NJManufacturing6,638 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,823Employer $ per active participant
$9,590Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$2.1BNet plan assets, end of year
$190,749Average balance per account
Score breakdown
- Employer generosity44.2 / 5088th percentile for employer $ per participant
- Low cost22.4 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 90th |
| Employee saving | 78th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($4,805 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $9,456 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Unilever United States put in about $7,823 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.
- 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 | $51,926,737 |
| Participant (employee) contributions | $63,653,163 |
| Other contributions (incl. rollovers in) | $7,663,321 |
| Administrative expenses paid from the plan | $613,962 |
| Investment advisory & management fees | $41,980 |
| Other admin expenses | $97,255 |
| Benefits paid out | $185,970,589 |
| Net assets, start / end of year | $1.9B / $2.1B |
| Active participants, start / end of year | 6,865 / 6,410 |
| Participants with account balances | 11,087 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | KPMG |
Largest service providers (Schedule C)
| Fidelity Institutional Operations | $474,727 reported compensation |
| Wallach & Associates | $50,740 reported compensation |
| Aon - Stroz Friedberg | $46,515 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015102810NAL0008741090001, received 2025-10-15, EIN 13-2915928, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.