Plan Ledger DOL Form 5500 · updated monthly

Embecta Corp401(k)

EMBECTA 401(K) PLAN · PARSIPANNY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Embecta Corp reported $209,899 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $11,043 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 0.13% to 0.14%. 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 261st-largest of 2,419 plans among New Jersey employers on file, and the 1,337th of 13,661 in manufacturing. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$163,018,487
Participants with balances969
Active participants854
Employer contributions$9,430,871
Employee contributions$10,759,833
Employer contribution per active participant$11,043
Average account balance$168,234
Benefits paid to participants$15,339,215
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$163.0M · 969 accts · $9.4M emplr
2023$135.3M · 1,008 accts · $8.9M emplr
2022$106.9M · 913 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,288
Investment management$16,126
Audit (IQPA)$72,245
Total administrative$209,899
The Embecta Corp 401(k) match · 2024
Employer contribution per active participant$11,043
Median for plans this size$3,635
2024$11,043 per active participant
2023$9,508 per active participant
2022$7,463 per active participant

Embecta Corp's 2024 employer contribution ran above the $3,635 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 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$99,288
ERNST & YOUNG U.S. LLP · Accounting / audit$60,000
HOLLAND & KNIGHT · Legal$19,240
EXPERIS US, INC. · Accounting / audit$12,245

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$209,899 · 0.14%
2023$277,416 · 0.23%
2022$141,828 · 0.13%
Same employer
Similar plansManufacturing · New Jersey
As America, Inc. NJ$171.8M · 0.06%
Bracco Diagnostics Inc. NJ$171.4M · 0.12%
Kdc US Holdings, Inc. NJ$165.8M · 0.31%
Mindray Ds USA, Inc. NJ$163.9M · 0.18%
Mersen USA Holding Corp. NJ$159.7M · 0.27%
Cambrex Corporation NJ$157.9M · 0.05%
Arxada, LLC NJ$157.2M · 0.02%
Thorlabs, Inc. NJ$149.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871583942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.