Plan Ledger DOL Form 5500 · updated monthly

International Flavors & Fragrances Inc.401(k)

INTERNATIONAL FLAVORS & FRAGRANCES INC. RETIREMENT INVESTMENT FUND PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

International Flavors & Fragrances Inc. reported $854,011 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $5,814 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 0.07% 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 119th-largest of 5,648 plans among New York employers on file, and the 337th of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 1,988 to 5,363 since 2022.

Plan summary
Net assets, end of year$979,697,250
Participants with balances6,809
Active participants5,363
Employer contributions$31,178,509
Employee contributions$56,467,264
Employer contribution per active participant$5,814
Average account balance$143,883
Benefits paid to participants$87,164,509
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$979.7M · 6,809 accts · $31.2M emplr
2023$826.5M · 6,648 accts · $28.9M emplr
2022$506.0M · 3,397 accts · $12.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$444,445
Investment management$380,729
Total administrative$854,011
The International Flavors & Fragrances Inc. 401(k) match · 2024
Employer contribution per active participant$5,814
Median for plans this size$4,294
2024$5,814 per active participant
2023$5,695 per active participant
2022$6,041 per active participant

International Flavors & Fragrances 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$446,149
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$380,729
TOWER WATSON INVESTMENT SERVICES, · Investment advisory (plan)$28,824

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$854,011 · 0.09%
2023$565,761 · 0.08%
2022$413,650 · 0.07%
Same employer
Similar plansManufacturing · New York
Eastman Kodak Company NY$2.4B · 0.04%
Moog, Inc. NY$1.9B · 0.05%
Xylem Inc. NY$1.8B · 0.08%
Rich Products Corporation NY$769.3M · 0.04%
Hunter Douglas, Inc NY$528.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131432060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.