Plan Ledger DOL Form 5500 · updated monthly

Armstrong World Industries Inc401(k)

SAVINGS AND INVESTMENT PLAN OF ARMSTRONG WORLD INDUSTRIES, INC. · LANCASTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Armstrong World Industries Inc reported $26,990 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,617 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 fell from 0.04% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 145th-largest of 3,651 plans among Pennsylvania employers on file, and the 550th of 13,661 in manufacturing. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$526,242,607
Participants with balances3,825
Active participants2,882
Employer contributions$10,425,101
Employee contributions$22,497,179
Employer contribution per active participant$3,617
Average account balance$137,580
Benefits paid to participants$53,578,544
Plan auditUnmodified (clean) audit opinion
AuditorMORISON COGEN LLP
Plan history2
Yearassets · accounts · employer contribution
2024$526.2M · 3,825 accts · $10.4M emplr
2022$422.1M · 3,735 accts · $8.5M emplr
Administrative expenses, itemized · 2024
Investment management$149,634
Total administrative$26,990
The Armstrong World Industries Inc 401(k) match · 2024
Employer contribution per active participant$3,617
Median for plans this size$4,294
2024$3,617 per active participant
2022$3,082 per active participant

Armstrong World Industries Inc's 2024 employer contribution ran below the $4,294 median for plans its size. 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$149,634
CAPTRUST · Other services$63,772
STEVENS AND LEE · Legal$19,625
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2024$26,990 · 0.01%
2022$163,667 · 0.04%
Same employer
Similar plansManufacturing · Pennsylvania
Fmc Corporation PA$676.5M · 0.06%
Axalta Coating Systems, LLC PA$593.9M · 0.09%
Endo USA, Inc. PA$540.6M · 0.06%
Endo USA, Inc. PA$492.2M · 0.07%
Johnson Matthey Inc. PA$483.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230366390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.