Plan Ledger DOL Form 5500 · updated monthly

Ericsson Inc.401(k)

ERICSSON US 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Ericsson Inc. reported $4,385,949 in plan administrative expenses for 2024: 0.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,314 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 0.16% to 0.12%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 37th-largest of 5,688 plans among Texas employers on file, and the 22nd of 2,199 in information & media. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has shrunk from 6,451 to 4,401 since 2022.

Plan summary
Net assets, end of year$3,772,904,775
Participants with balances12,842
Active participants4,401
Employer contributions$45,392,378
Employee contributions$71,422,499
Employer contribution per active participant$10,314
Average account balance$293,794
Benefits paid to participants$402,707,321
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8B · 12,842 accts · $45.4M emplr
2023$3.5B · 13,959 accts · $51.7M emplr
2022$3.2B · 15,195 accts · $53.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$915,097
Investment management$3,253,668
Trustee / custodial$3,615
Total administrative$4,385,949
The Ericsson Inc. 401(k) match · 2024
Employer contribution per active participant$10,314
Median for plans this size$5,259
2024$10,314 per active participant
2023$10,164 per active participant
2022$8,277 per active participant

Ericsson Inc.'s 2024 employer contribution ran above the $5,259 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 · 20248
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$907,999
EMPOWER TRUST COMPANY, LLC · Recordkeeping$6,020
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$2,126,913
JENNISON ASSOCIATES · Investment management$789,703
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$290,000
WILLIS TOWERS WATSON US LLC · Consulting$174,114
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage · Participant communication$36,265
STIFEL, NICOLAUS & COMPANY, INC. · Securities brokerage$35,106

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$4,385,949 · 0.12%
2023$4,764,851 · 0.14%
2022$5,635,835 · 0.16%
Same employer
Similar plansInformation & Media · Texas
AT&T Inc. TX$43.1B · 0.04%
Bellsouth, LLC TX$2.5B · 0.05%
Nexstar Media Group, Inc. TX$2.0B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061119960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.