Plan Ledger DOL Form 5500 · updated monthly

Ecolab Inc.401(k) + ESOP (KSOP)

ECOLAB SAVINGS PLAN AND ESOP · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ecolab Inc. reported $1,112,240 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $4,650 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 0.032% to 0.028%. 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 13th-largest of 1,918 plans among Minnesota employers on file, and the 87th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,179,911,662
Participants with balances20,901
Active participants19,704
Employer contributions$91,621,823
Employee contributions$158,441,824
Employer contribution per active participant$4,650
Average account balance$199,986
Benefits paid to participants$450,693,116
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$4.2B · 20,901 accts · $91.6M emplr
2023$3.8B · 21,096 accts · $83.4M emplr
2022$3.2B · 20,615 accts · $82.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$330,668
Investment management$781,572
Total administrative$1,112,240
The Ecolab Inc. 401(k) match · 2024
Employer contribution per active participant$4,650
Median for plans this size$5,259
2024$4,650 per active participant
2023$4,237 per active participant
2022$4,509 per active participant

Ecolab Inc.'s 2024 employer contribution ran below 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$781,572
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$330,668

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$1,112,240 · 0.03%
2023$1,002,478 · 0.03%
2022$1,191,164 · 0.03%
All plans at this employer2
ECOLAB SAVINGS PLAN AND ESOP401(k) + ESOP (KSOP)
ECOLAB PUERTO RICO SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Minnesota
3M Company MN$12.0B · 0.05%
General Mills, Inc. MN$5.0B · 0.10%
Solventum Corporation MN$2.6B · 0.01%
Andersen Corporation MN$1.7B · 0.07%
Deluxe Corporation MN$1.5B · 0.14%
The Toro Company MN$1.4B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410231510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.