Fortune Brands Innovations, Inc.401(k)
FORTUNE BRANDS INNOVATIONS RETIREMENT SAVINGS PLAN · DEERFIELD, IL · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Fortune Brands Innovations, Inc. reported $943,006 in plan administrative expenses for 2022: 0.10% of average plan assets, above the peer median. Employer contributions averaged $5,261 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 0.10% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other management of companies employers. By assets it is the 105th-largest of 3,702 plans among Illinois employers on file, and the 51st of 786 in management of companies. In 2022, employees put in $1.45 for every $1.00 the employer contributed.
Fortune Brands Innovations, Inc.'s 2022 employer contribution ran above the $4,065 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 621411546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.