Plan Ledger DOL Form 5500 · updated monthly

Galderma Services, Inc.401(k)

GALDERMA SERVICES, INC. EMPLOYEES' 401(K) AND EMPLOYER CONTRIBUTION PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Galderma Services, Inc. reported $343,523 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $6,600 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 rose from 0.05% to 0.09%. 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 222nd-largest of 5,688 plans among Texas employers on file, and the 653rd of 13,661 in manufacturing. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 873 to 1,153 since 2022.

Plan summary
Net assets, end of year$423,796,523
Participants with balances1,789
Active participants1,153
Employer contributions$7,609,306
Employee contributions$23,440,720
Employer contribution per active participant$6,600
Average account balance$236,890
Benefits paid to participants$38,508,157
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$423.8M · 1,789 accts · $7.6M emplr
2023$378.7M · 1,552 accts · $5.7M emplr
2022$328.9M · 1,451 accts · $15.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,466
Investment management$168,313
Audit (IQPA)$64,744
Total administrative$343,523
The Galderma Services, Inc. 401(k) match · 2024
Employer contribution per active participant$6,600
Median for plans this size$4,294
2024$6,600 per active participant
2023$5,882 per active participant
2022$17,667 per active participant

Galderma Services, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
VANGUARD GROUP INC. · Recordkeeping · Consulting$110,466
VANGUARD ADVISERS · Investment advisory (participants)$97,900
CERITY PARTNERS RETIREMENT SERVICES$70,413
WHITLEY PENN LLP$64,744

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$343,523 · 0.09%
2023$193,979 · 0.05%
2022$187,546 · 0.05%
Same employer
Similar plansManufacturing · Texas
Nec Corporation of America TX$468.7M · 0.05%
Weir Group, Inc. TX$444.2M · 0.12%
Omnicell, Inc. TX$420.5M · 0.08%
Sasol USA Corporation TX$417.7M · 0.10%
Nch Corporation TX$395.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751714673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.