Plan Ledger DOL Form 5500 · updated monthly

Bj's Wholesale Club Inc401(k)

BJ'S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES · MARLBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Bj's Wholesale Club Inc reported $832,524 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $442 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 86th-largest of 2,726 plans among Massachusetts employers on file, and the 95th of 5,215 in retail trade. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 4,706 to 34,191 since 2022.

Plan summary
Net assets, end of year$661,051,435
Participants with balances15,178
Active participants34,191
Employer contributions$15,127,889
Employee contributions$46,547,736
Employer contribution per active participant$442
Average account balance$43,553
Benefits paid to participants$73,452,602
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$661.1M · 15,178 accts · $15.1M emplr
2023$584.5M · 15,293 accts · $14.5M emplr
2022$488.9M · 6,711 accts · $7.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$720,051
Investment management$82,023
Audit (IQPA)$30,450
Total administrative$832,524
The Bj's Wholesale Club Inc 401(k) match · 2024
Employer contribution per active participant$442
Median for plans this size$4,294
2024$442 per active participant
2023$467 per active participant
2022$1,687 per active participant

Bj's Wholesale Club Inc's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$720,051
ROCATON INVESTMENT ADVISORS, LLC · Investment advisory (plan)$68,703
CLIFTON LARSON ALLEN LLP · Accounting / audit$30,450
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,320

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$832,524 · 0.13%
2023$739,285 · 0.14%
2022$182,463 · 0.04%
All plans at this employer2
BJ'S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR SALARIED EMPLOYEES401(k)
BJ'S WHOLESALE CLUB, INC. 401(K) SAVINGS PLAN FOR HOURLY EMPLOYEES401(k)
Same employer
Similar plansRetail Trade · Massachusetts
Staples, Inc. MA$1.5B · 0.06%
Ahold USA, Inc. MA$910.2M · 0.08%
Big Y Foods, Inc. MA$573.8M · 0.12%
Usr Parent Inc. MA$404.6M · 0.13%
Eg Retail (America) LLC MA$337.9M · 0.20%
The Talbots LLC MA$236.6M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043360747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.