Plan Ledger DOL Form 5500 · updated monthly

Firmenich Incorporated401(k)

FIRMENICH RETIREMENT SAVINGS PLAN · PLAINSBORO, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Firmenich Incorporated reported $269,673 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $10,257 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 0.056%. 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 118th-largest of 2,419 plans among New Jersey employers on file, and the 557th 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$514,495,407
Participants with balances2,330
Active participants1,632
Employer contributions$16,739,912
Employee contributions$19,445,603
Employer contribution per active participant$10,257
Average account balance$220,813
Benefits paid to participants$29,546,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$514.5M · 2,330 accts · $16.7M emplr
2023$442.8M · 2,253 accts · $15.7M emplr
2022$369.4M · 2,207 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,590
Investment management$90,245
Audit (IQPA)$22,838
Total administrative$269,673
The Firmenich Incorporated 401(k) match · 2024
Employer contribution per active participant$10,257
Median for plans this size$4,294
2024$10,257 per active participant
2023$10,002 per active participant
2022$9,401 per active participant

Firmenich Incorporated'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 · 20243
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$194,472
CURCIO WEBB LLC · Investment management$40,975
EISNERAMPER LLP · Accounting / audit$34,126

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$269,673 · 0.06%
2023$271,558 · 0.07%
2022$228,796 · 0.06%
Same employer
Similar plansManufacturing · New Jersey
Datascope Corp. NJ$642.8M · 0.07%
Sandoz Inc. NJ$588.0M · 0.01%
Sika Corporation NJ$535.8M · 0.06%
Matheson Tri-Gas, Inc. NJ$454.6M · 0.12%
Lg Electronics USA, Inc. NJ$450.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135560633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.