Plan Ledger DOL Form 5500 · updated monthly

Emerson Electric Company401(k)

EMERSON ELECTRIC COMPANY EMPLOYEE SAVINGS INVESTMENT PLAN · CLAYTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Emerson Electric Company reported $1,373,953 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,579 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 0.028% to 0.025%. 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 3rd-largest of 1,393 plans among Missouri employers on file, and the 59th of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 10,316 to 14,639 since 2022.

Plan summary
Net assets, end of year$7,357,253,111
Participants with balances27,334
Active participants14,639
Employer contributions$52,385,780
Employee contributions$133,673,360
Employer contribution per active participant$3,579
Average account balance$269,161
Benefits paid to participants$651,850,081
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4B · 27,334 accts · $52.4M emplr
2023$3.6B · 14,559 accts · $37.8M emplr
2022$3.0B · 15,170 accts · $44.0M emplr
The Emerson Electric Company 401(k) match · 2024
Employer contribution per active participant$3,579
Median for plans this size$5,259
2024$3,579 per active participant
2023$4,546 per active participant
2022$4,263 per active participant

Emerson Electric Company'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)indirect comp

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

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

Administrative cost history3
2024$1,373,953 · 0.03%
2023$878,542 · 0.03%
2022$829,539 · 0.03%
All plans at this employer3
EMERSON ELECTRIC COMPANY EMPLOYEE SAVINGS INVESTMENT PLAN401(k)
EMERSON ELECTRIC CO. RETIREMENT SAVINGS PLAN401(k)
PROFIT SHARING RETIREMENT PLAN FOR DIVISIONS AND SUBSIDIARIES OF EMERSON ELECTRIC CO.Profit-sharing plan
Same employer
Similar plansManufacturing · Missouri
Phillips 66 Company TX$7.7B · 0.05%
Cummins Inc. IN$7.5B
Corteva Agriscience, LLC DE$7.0B · 0.02%
Textron, Inc. RI$6.8B · 0.03%
Motorola Solutions, Inc. IL$6.5B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430259330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.