Plan Ledger DOL Form 5500 · updated monthly

Atlas Copco North America LLC401(k)

ACNA 401 (K) PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Atlas Copco North America LLC reported $615,714 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $5,324 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 0.064% to 0.059%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 59th-largest of 2,419 plans among New Jersey employers on file, and the 303rd of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 6,235 to 8,055 since 2022.

Plan summary
Net assets, end of year$1,119,395,262
Participants with balances10,083
Active participants8,055
Employer contributions$42,884,286
Employee contributions$58,499,682
Employer contribution per active participant$5,324
Average account balance$111,018
Benefits paid to participants$110,415,419
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 10,083 accts · $42.9M emplr
2023$970.5M · 9,568 accts · $39.7M emplr
2022$769.2M · 8,336 accts · $34.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$613,753
Total administrative$615,714
The Atlas Copco North America LLC 401(k) match · 2024
Employer contribution per active participant$5,324
Median for plans this size$5,259
2024$5,324 per active participant
2023$5,819 per active participant
2022$5,508 per active participant

Atlas Copco North America LLC's 2024 employer contribution ran above the $5,259 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 · 20242
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$1,961

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$615,714 · 0.06%
2023$584,608 · 0.07%
2022$481,777 · 0.06%
Same employer
Similar plansManufacturing · New Jersey
Evonik Corporation NJ$1.5B · 0.09%
Reckitt Benckiser LLC NJ$1.3B · 0.02%
Kenvue Inc. NJ$1.3B
Lonza USA Inc. NJ$1.2B · 0.05%
Gaf LLC NJ$1.1B · 0.06%
Church & Dwight Co., Inc. NJ$975.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205024915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.