Plan Ledger DOL Form 5500 · updated monthly

Flsmidth Inc.401(k)

FLSMIDTH 401(K) PLAN TRUST · BETHLEHEM, PA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Flsmidth Inc. reported $151,684 in plan administrative expenses for 2023: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,418 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 0.052%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 198th-largest of 3,651 plans among Pennsylvania employers on file, and the 499th of 11,654 in professional & technical services. In 2023, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$341,135,857
Participants with balances2,354
Active participants1,528
Employer contributions$6,751,036
Employee contributions$12,906,752
Employer contribution per active participant$4,418
Average account balance$144,918
Benefits paid to participants$29,005,076
Plan auditUnmodified (clean) audit opinion
AuditorCAMBELL, RAPPOLD & YURASITS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$324.0M · 2,115 accts · $7.1M emplr
2023$341.1M · 2,354 accts · $6.8M emplr
2022$297.0M · 2,401 accts · $6.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$130,775
Investment management$20,909
Total administrative$151,684
The Flsmidth Inc. 401(k) match · 2023
Employer contribution per active participant$4,418
Median for plans this size$4,362
2024$5,436 per active participant
2023$4,418 per active participant
2022$3,896 per active participant

Flsmidth Inc.'s 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$132,461
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,909

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$172,682 · 0.05%
2023$151,684 · 0.05%
2022$173,708 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Dechert LLP PA$442.2M · 0.03%
Erm NA Holdings Corp PA$441.0M · 0.10%
Duane Morris LLP PA$411.9M · 0.01%
Eresearch Technology, Inc. PA$308.7M · 0.05%
Almac Group, Inc. PA$283.2M · 0.09%
Stevens & Lee PA$278.3M · 0.51%
Marshall Dennehey, P.C. PA$267.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230606560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.