Plan Ledger DOL Form 5500 · updated monthly

Essity North America401(k)

ESSITY NORTH AMERICA INVESTMENT AND RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Essity North America reported $224,889 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,589 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 0.03% to 0.02%. 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 87th-largest of 3,651 plans among Pennsylvania employers on file, and the 360th of 13,661 in manufacturing. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$912,843,052
Participants with balances4,867
Active participants3,118
Employer contributions$23,662,349
Employee contributions$27,527,121
Employer contribution per active participant$7,589
Average account balance$187,558
Benefits paid to participants$158,050,626
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO AND ASSOCIATES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$912.8M · 4,867 accts · $23.7M emplr
2023$903.3M · 6,288 accts · $27.6M emplr
2022$801.2M · 6,159 accts · $25.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,493
Investment management$172,396
Total administrative$224,889
The Essity North America 401(k) match · 2024
Employer contribution per active participant$7,589
Median for plans this size$4,294
2024$7,589 per active participant
2023$8,502 per active participant
2022$7,691 per active participant

Essity North America's 2024 employer contribution ran above the $4,294 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
VANGUARD ADVISORS INC. · Investment advisory (participants)$134,689
THE VANGUARD GROUP · Loan processing$56,888
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$37,707

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$224,889 · 0.02%
2023$228,400 · 0.03%
2022$230,727 · 0.03%
Same employer
Similar plansManufacturing · Pennsylvania
Mylan Inc. PA$1.2B · 0.00%
B. Braun Medical Inc. PA$977.3M · 0.08%
Triumph Group, Inc. PA$848.3M · 0.08%
Skf USA Inc. PA$816.0M · 0.08%
Lanxess Corporation PA$806.3M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 233061590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.