Plan Ledger DOL Form 5500 · updated monthly

Electrolux Home Products, Inc.401(k)

ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Electrolux Home Products, Inc. reported $897,814 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.04% to 0.19%. 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 65th-largest of 2,005 plans among North Carolina employers on file, and the 581st of 13,661 in manufacturing. active participation has shrunk from 2,477 to 2,150 since 2022.

Plan summary
Net assets, end of year$481,484,747
Participants with balances3,008
Active participants2,150
Employer contributions$0
Employee contributions$16,857,687
Employer contribution per active participant$0
Average account balance$160,068
Benefits paid to participants$68,824,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$481.5M · 3,008 accts
2023$455.8M · 3,165 accts · $32.2M emplr
2022$380.3M · 3,597 accts · $18.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,865
Total administrative$897,814
The Electrolux Home Products, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$4,294
2023$14,344 per active participant
2022$7,271 per active participant

Electrolux Home Products, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVSTMTS INSTL OPS CO, INC · Contract administrator · Recordkeeping$161,865

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$897,814 · 0.19%
2023$197,054 · 0.05%
2022$161,172 · 0.04%
All plans at this employer2
ELECTROLUX HOME PRODUCTS, INC. RETIREMENT SAVINGS PLAN401(k)
ELECTROLUX HOME PRODUCTS, INC. THRIFT PLAN401(k)
Same employer
Similar plansManufacturing · North Carolina
Sandvik, Inc. NC$693.0M · 0.03%
Jeld-Wen Holding, Inc. NC$517.6M · 0.18%
Wolfspeed, Inc. NC$504.9M · 0.14%
Andritz Inc. NC$478.6M · 0.29%
Ng Operations, LLC NC$466.6M · 0.06%
Itg Brands, LLC NC$397.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341694736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.