Plan Ledger DOL Form 5500 · updated monthly

Diversey, Inc.401(k)

DIVERSEY, INC. 401(K) & PROFIT SHARING PLAN · FORT MILL, SC · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Diversey, Inc. reported $49,831 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,289 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 1 year on file its reported administrative ratio rose from 0.037% to 0.042%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 47th-largest of 807 plans among South Carolina employers on file, and the 1,576th of 13,661 in manufacturing. In 2023, the employer put in $1.67 for every $1.00 employees contributed themselves; active participation has grown from 1,088 to 1,507 since 2022.

Plan summary
Net assets, end of year$129,180,819
Participants with balances1,419
Active participants1,507
Employer contributions$10,984,968
Employee contributions$6,577,790
Employer contribution per active participant$7,289
Average account balance$91,037
Benefits paid to participants$17,266,904
Plan auditUnmodified (clean) audit opinion
AuditorGREERWALKER
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $6.1M emplr
2023$129.2M · 1,419 accts · $11.0M emplr
2022$108.7M · 1,261 accts · $5.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$47,070
Investment management$2,761
Total administrative$49,831
The Diversey, Inc. 401(k) match · 2023
Employer contribution per active participant$7,289
Median for plans this size$3,659
2023$7,289 per active participant
2022$5,434 per active participant

Diversey, Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,070

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

Administrative cost history3
2024Not separately reported
2023$49,831 · 0.04%
2022$40,972 · 0.04%
Same employer
Similar plansManufacturing · South Carolina
Astenjohnson, Inc. SC$166.8M · 0.07%
Spirax Sarco, Inc. SC$150.7M · 0.20%
Canfor Southern Pine, Inc. SC$141.7M · 0.05%
Velux America LLC SC$136.0M · 0.13%
3D Systems Corporation SC$125.7M · 0.14%
Nexans USA Inc. SC$112.4M · 0.20%
Jadex Inc. SC$85.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391877511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.