401(k) Monitor

Anheuser-Busch 401(k) Savings And Retirement Plan

Anheuser-Busch Companies, LLC · St Louis, MO · EIN 431162835 · Plan 059 · Form 5500 for plan year 2024

This is a pooled multiple-employer plan, so its participant and asset totals span many unrelated employers.

What Anheuser-Busch Companies put into the plan, per active participant

$4,903

Anheuser-Busch Companies, LLC put $4,903 into this plan for each of its 13,288 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate. This filing covers many unrelated employers under one plan, so the figure is an average across all of them rather than one employer's behaviour.

It is kept out of every peer group and takes no score.

What this figure cannot separate: how much Anheuser-Busch Companies pays, and how much it puts in

This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.

This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.

Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL October 15, 2025 · DOL EFAST2

What the plan cost, per participant

$61.25

The plan paid $61.25 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 56% of plans with 5,000+ participants. The middle plan of that size paid $54.84.

Why a plan this big pays less per person before anything else

Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.

Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.

401(k) Monitor Score

Not scored

This is a pooled plan covering many unrelated employers, so its figures are averages across a client book. It takes no score, and it is kept out of every peer group so that it does not move anybody else's standing.

It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.

What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.

On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers

The match and vesting terms, from a Form 11-K

The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.

What Anheuser-Busch Companies puts in

Not in public filings for this employer

We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.

Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Vanguard.

What you contribute to collect all of it

Not in public filings for this employer

The rate that collects the full match is part of the match formula, which a Form 5500 does not report.

Vesting score

Not scored

The vesting schedule is stated in a Form 11-K, and we have none for this employer.

A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.

The formula, the six-year window and a worked example

What the plan costs, against plans of its size

56th percentile

$61.25 per participant in plan-paid administrative cost, more expensive than 56% of plans with 5,000+ participants.

What to check next

  • This filing is not about one employer

    One Form 5500 covers many unrelated employers here, so every figure on this page is an average across all of them. The match, the vesting schedule and the fees that apply to one worker are set by that worker’s own employer, and none of the three is stated in this filing.

  • Your own numbers are not on this page

    Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Vanguard. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.

Key figures

From Schedule H of Form 5500 filing 20251015114353NAL0004749329001, plan year 2024.
Total plan assets, end of year$3,619,277,000
Net assets$3,619,277,000
Participants, beginning of year22,287
Of which active13,288
Plan typeMultiple employer
Size cohortThe peer group we rank fees against.5,000+ participants
Employer share of the money that went in, plan year 2024The rest came from employees, who put in $119,724,000. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score.35%

Plan-paid administrative expenses

The plan paid $1,365,000 in administrative expenses in plan year 2024, across 22,287 participants: $61.25 per participant.

Contract administrator feesnot reported in filing
Professional feesnot reported in filing
Investment management feesnot reported in filing
Other administrative fees$1,365,000

These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.

The plans this one is ranked against

Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from Missouri, one of 1,025 plans on file there, at a median of $132.02 per participant. Its business code places the plan in food, beverage and tobacco manufacturing, one of 1,356 on file, which run to a median of $108.05.

Plans of a similar size in Missouri

The plans nearest this one by participant count, out of 55 in its peer group. Cost per participant is each plan’s own Schedule H figure, and a filing that reported no administrative expenses says so instead of showing a zero.
PlanParticipantsCost per participant
Panera Bread Company 401(k) Retirement Savings PlanPanera Bread Company30,381$15.52
Bass Pro Group, LLC 401(k) PlanGreat Outdoors Group, LLC30,101$47.74
H & R Block Retirement Savings PlanH&R Block Management, LLC18,487$61.50
Emerson Savings PlanEmerson Electric Company16,539$83.07

Service providers (Schedule C)

Recordkeeper: Vanguard (as filed: “THE VANGUARD GROUP, INC.”)

2,337 plans on file name Vanguard as their recordkeeper, at a median of $97.87 per participant.

Providers from Schedule C, Part 1, Item 2 of filing 20251015114353NAL0004749329001. Direct compensation is paid from plan assets. Amounts in USD.
ProviderService codesDirect comp. ($)Indirect comp. ($)
The Vanguard Group, Inc.15675,3090
Vanguard Advisers Inc.26485,294not reported
The Vanguard Group, Inc.25, 52, 37, 16159,7470
Fiducient Advisors LLC27100,016not reported
Clark Schaefer Hackett1029,500not reported
Broadridge1512,602not reported
Rubinbrown, LLP108,500not reported

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Filing ACK_ID20251015114353NAL0004749329001
Dataset last refreshedJuly 28, 2026

Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗

Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag

Cite this page

401(k) Monitor, "Anheuser-Busch 401(k) Savings And Retirement Plan: Form 5500 facts", from DOL EFAST2 filing 20251015114353NAL0004749329001, plan year ended December 31, 2024.