Plan Ledger DOL Form 5500 · updated monthly

Coloplast Corp.401(k)

COLOPLAST CORP. 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Coloplast Corp. reported $112,509 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,313 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 rose from 0.045% to 0.053%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 149th-largest of 1,918 plans among Minnesota employers on file, and the 1,058th of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$228,351,484
Participants with balances1,990
Active participants1,300
Employer contributions$6,906,372
Employee contributions$15,656,731
Employer contribution per active participant$5,313
Average account balance$114,749
Benefits paid to participants$19,069,853
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$228.4M · 1,990 accts · $6.9M emplr
2023$194.7M · 2,031 accts · $5.9M emplr
2022$154.5M · 2,041 accts · $6.5M emplr
The Coloplast Corp. 401(k) match · 2024
Employer contribution per active participant$5,313
Median for plans this size$3,635
2024$5,313 per active participant
2023$4,691 per active participant
2022$5,494 per active participant

Coloplast Corp.'s 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$39,185
VANGUARD ADVISERS INC. · Investment advisory (participants)$78,274

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$112,509 · 0.05%
2023$93,424 · 0.05%
2022$73,443 · 0.05%
Same employer
Similar plansManufacturing · Minnesota
Starkey Hearing Technologies MN$301.1M · 0.07%
Hormel Foods Corporation MN$291.4M · 0.10%
Cretex Companies, Inc. MN$271.6M · 0.08%
Sleep Number Corporation MN$257.3M · 0.22%
Banner Engineering Corp MN$211.5M · 0.11%
Rosen's Diversified, Inc. MN$209.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260755281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.