Plan Ledger DOL Form 5500 · updated monthly

Bausch Health Companies Inc.401(k)

BAUSCH HEALTH COMPANIES INC. RETIREMENT SAVINGS PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bausch Health Companies Inc. reported $530,029 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $5,379 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 0.079%. 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 98th-largest of 2,419 plans among New Jersey employers on file, and the 444th of 13,661 in manufacturing. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$690,979,767
Participants with balances4,232
Active participants1,867
Employer contributions$10,042,171
Employee contributions$22,744,617
Employer contribution per active participant$5,379
Average account balance$163,275
Benefits paid to participants$95,557,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$691.0M · 4,232 accts · $10.0M emplr
2023$649.6M · 4,418 accts · $10.4M emplr
2022$572.5M · 4,580 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$272,425
Investment management$225,004
Audit (IQPA)$32,600
Total administrative$530,029
The Bausch Health Companies Inc. 401(k) match · 2024
Employer contribution per active participant$5,379
Median for plans this size$4,294
2024$5,379 per active participant
2023$5,784 per active participant
2022$5,390 per active participant

Bausch Health Companies Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$272,425
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$172,345
CAPTRUST · Investment advisory (plan)$52,659
INSERO&CO · Accounting / audit$32,600

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$530,029 · 0.08%
2023$615,049 · 0.10%
2022$524,540 · 0.08%
Similar plansManufacturing · New Jersey
Bausch & Lomb Americas Inc. NJ$810.6M · 0.09%
Datascope Corp. NJ$642.8M · 0.07%
Sandoz Inc. NJ$588.0M · 0.01%
Sika Corporation NJ$535.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980448205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.