Plan Ledger DOL Form 5500 · updated monthly

Avantor, Inc.401(k)

AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST · RADNOR, PA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Avantor, Inc. reported $636,067 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $3,534 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 3 years on file its reported administrative ratio has held roughly steady near 0.102%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 120th-largest of 3,651 plans among Pennsylvania employers on file, and the 80th of 4,246 in wholesale trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 6,127 to 5,274 since 2022.

Plan summary
Net assets, end of year$647,998,947
Participants with balances8,100
Active participants5,274
Employer contributions$18,638,718
Employee contributions$36,747,738
Employer contribution per active participant$3,534
Average account balance$80,000
Benefits paid to participants$100,787,941
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$648.0M · 8,100 accts · $18.6M emplr
2023$594.4M · 8,576 accts · $18.5M emplr
2022$508.2M · 8,738 accts · $18.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$427,627
Investment management$165,981
Audit (IQPA)$27,000
Total administrative$636,067
The Avantor, Inc. 401(k) match · 2024
Employer contribution per active participant$3,534
Median for plans this size$4,294
2024$3,534 per active participant
2023$3,143 per active participant
2022$3,004 per active participant

Avantor, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$427,627
CAPFINANCIAL PARTNERS · Investment advisory (plan)$165,981
TORRILLO & ASSOCIATES LLC · Accounting / audit$27,000
FAEGRE DRINKER BIDDLE · Legal$12,821

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$636,067 · 0.10%
2023$594,234 · 0.11%
2022$563,805 · 0.10%
Same employer
Similar plansWholesale Trade · Pennsylvania
Cencora, Inc. PA$2.4B · 0.04%
Ricoh USA, Inc. PA$2.2B · 0.05%
Wesco Distribution, Inc. PA$1.9B · 0.07%
Brenntag North America, Inc. PA$630.0M · 0.18%
Hajoca Corporation PA$352.3M · 0.10%
D & H Corporate Group Inc. PA$288.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813921566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.