Plan Ledger DOL Form 5500 · updated monthly

Ferrero U.S.A., Inc.401(k)

FERRERO U.S.A., INC. AND SUBSIDIARIES PROFIT SHARING AND 401(K) PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Ferrero U.S.A., Inc. reported $127,793 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,739 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 3 years on file its reported administrative ratio has held roughly steady near 0.071%. 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 229th-largest of 2,419 plans among New Jersey employers on file, and the 1,170th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 3,686 to 4,181 since 2022.

Plan summary
Net assets, end of year$197,684,655
Participants with balances4,669
Active participants4,181
Employer contributions$11,453,396
Employee contributions$21,927,013
Employer contribution per active participant$2,739
Average account balance$42,340
Benefits paid to participants$20,412,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$197.7M · 4,669 accts · $11.5M emplr
2023$160.3M · 4,884 accts · $9.6M emplr
2022$117.2M · 2,777 accts · $5.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,793
Total administrative$127,793
The Ferrero U.S.A., Inc. 401(k) match · 2024
Employer contribution per active participant$2,739
Median for plans this size$3,635
2024$2,739 per active participant
2023$2,381 per active participant
2022$1,586 per active participant

Ferrero U.S.A., Inc.'s 2024 employer contribution ran below the $3,635 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

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$127,793 · 0.07%
2023$103,987 · 0.07%
2022$83,195 · 0.07%
Same employer
Similar plansManufacturing · New Jersey
Croda Inc. NJ$208.5M · 0.00%
Mistras Group, Inc. NJ$201.4M · 0.15%
J & J Snack Foods Corp. NJ$176.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132637756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.