Plan Ledger DOL Form 5500 · updated monthly

Enovis Corporation401(k)

ENOVIS 401(K) SAVINGS PLAN PLUS · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Enovis Corporation reported $383,815 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,271 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 0.10% to 0.14%. 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 19th-largest of 242 plans among Delaware employers on file, and the 863rd of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$292,447,817
Participants with balances3,291
Active participants2,078
Employer contributions$8,874,424
Employee contributions$15,854,940
Employer contribution per active participant$4,271
Average account balance$88,863
Benefits paid to participants$37,867,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$292.4M · 3,291 accts · $8.9M emplr
2023$261.3M · 3,390 accts · $8.0M emplr
2022$219.9M · 3,355 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$341,315
Audit (IQPA)$42,500
Total administrative$383,815
The Enovis Corporation 401(k) match · 2024
Employer contribution per active participant$4,271
Median for plans this size$4,294
2024$4,271 per active participant
2023$3,651 per active participant
2022$3,585 per active participant

Enovis Corporation's 2024 employer contribution ran below the $4,294 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$341,315
BDO · Accounting / audit$42,500

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$383,815 · 0.14%
2023$325,422 · 0.14%
2022$261,294 · 0.10%
Same employer
Similar plansManufacturing · Delaware
Dupont de Nemours, Inc. DE$3.4B · 0.02%
Cobham Benefits Holding, LLC DE$762.4M · 0.01%
Solenis, LLC DE$631.1M · 0.05%
Dupont Polymer Products, LLC DE$115.6M · 0.09%
Taghleef Industries, Inc. DE$72.2M · 0.10%
New Ilc Dover Inc. DE$68.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541887631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.