Plan Ledger DOL Form 5500 · updated monthly

Itron, Inc.Stock bonus plan

ITRON, INC. INCENTIVE SAVINGS PLAN · LIBERTY LAKE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Itron, Inc. reported $474,130 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $5,125 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 0.09% to 0.08%. 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 44th-largest of 1,714 plans among Washington employers on file, and the 466th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 2,440 to 2,694 since 2022.

Plan summary
Net assets, end of year$650,542,267
Participants with balances3,483
Active participants2,694
Employer contributions$13,807,617
Employee contributions$30,983,027
Employer contribution per active participant$5,125
Average account balance$186,776
Benefits paid to participants$56,412,363
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$650.5M · 3,483 accts · $13.8M emplr
2023$575.7M · 3,341 accts · $11.4M emplr
2022$493.8M · 3,245 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$204,233
Investment management$269,859
Total administrative$474,130
Employer contributions to the Itron, Inc. plan · 2024
Employer contribution per active participant$5,125
Median for plans this size$4,294
2024$5,125 per active participant
2023$4,389 per active participant
2022$5,019 per active participant

Itron, 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$269,859
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$211,040
AON INVESTMENTS USA, INC. · Investment advisory (plan)$71,008

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$474,130 · 0.08%
2023$481,193 · 0.09%
2022$502,556 · 0.09%
Same employer
Similar plansManufacturing · Washington
Weyerhaeuser Company WA$2.4B · 0.04%
Fortive Corporation WA$2.1B · 0.06%
Blue Origin, LLC WA$1.2B · 0.10%
Clearwater Paper Corporation WA$294.4M · 0.10%
Tsmc Washington LLC WA$273.8M · 0.04%
Trident Seafoods Corporation WA$255.4M · 0.06%
Electroimpact, Inc. WA$178.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911011792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.