Plan Ledger DOL Form 5500 · updated monthly

Givaudan Fragrances Corporation401(k)

GIVAUDAN'S 401(K) RETIREMENT SAVINGS PLAN · EAST HANOVER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Givaudan Fragrances Corporation reported $86,530 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,674 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 0.03% to 0.01%. 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 95th-largest of 2,419 plans among New Jersey employers on file, and the 429th of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$725,361,472
Participants with balances3,423
Active participants2,670
Employer contributions$17,820,798
Employee contributions$23,071,265
Employer contribution per active participant$6,674
Average account balance$211,908
Benefits paid to participants$78,053,507
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$725.4M · 3,423 accts · $17.8M emplr
2023$639.3M · 3,194 accts · $17.1M emplr
2022$521.0M · 3,277 accts · $17.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,530
Total administrative$86,530
The Givaudan Fragrances Corporation 401(k) match · 2024
Employer contribution per active participant$6,674
Median for plans this size$4,294
2024$6,674 per active participant
2023$6,929 per active participant
2022$6,696 per active participant

Givaudan Fragrances Corporation'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$86,530

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$86,530 · 0.01%
2023$100,961 · 0.02%
2022$158,809 · 0.03%
Same employer
Similar plansManufacturing · New Jersey
Bausch & Lomb Americas Inc. NJ$810.6M · 0.09%
Bausch Health Companies Inc. NJ$691.0M · 0.08%
Datascope Corp. NJ$642.8M · 0.07%
Sandoz Inc. NJ$588.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311707845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.