Plan Ledger DOL Form 5500 · updated monthly

Grifols Shared Services NA, Inc.401(k)

GRIFOLS EMPLOYEE RETIREMENT SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Grifols Shared Services NA, Inc. reported $1,211,839 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,299 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 fell from 0.14% to 0.10%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 117th-largest of 9,483 plans among California employers on file, and the 273rd of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,226,796,677
Participants with balances11,613
Active participants14,482
Employer contributions$33,297,697
Employee contributions$58,897,653
Employer contribution per active participant$2,299
Average account balance$105,640
Benefits paid to participants$145,373,996
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$1.2B · 11,613 accts · $33.3M emplr
2023$1.1B · 11,655 accts · $33.1M emplr
2022$980.2M · 12,143 accts · $32.6M emplr
2021$1.2B · 12,047 accts · $30.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$631,579
Investment management$580,260
Total administrative$1,211,839
The Grifols Shared Services NA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,299
Median for plans this size$5,259
2024$2,299 per active participant
2023$2,353 per active participant
2022$2,007 per active participant
2021$1,941 per active participant

Grifols Shared Services NA, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$631,579
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$483,260
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$97,000

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

Administrative cost history4
2024$1,211,839 · 0.10%
2023$1,210,467 · 0.11%
2022$1,473,116 · 0.14%
2021$1,493,640 · 0.14%
Same employer
Similar plansManufacturing · California
Activision Blizzard CA$1.5B · 0.04%
Globalfoundries U.S. Inc. CA$1.2B · 0.04%
Teradata Corporation CA$1.2B · 0.02%
Viasat, Inc. CA$1.2B · 0.09%
Trimble Inc. CA$1.1B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202533768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.