Plan Ledger DOL Form 5500 · updated monthly

Johnson Matthey Inc.401(k)

JOHNSON MATTHEY INC. SALARIED EMPLOYEES SAVINGS INVESTMENT PLAN · WAYNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Johnson Matthey Inc. reported $466,907 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $8,824 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 0.08% to 0.10%. 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 159th-largest of 3,651 plans among Pennsylvania employers on file, and the 579th of 13,661 in manufacturing. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has shrunk from 1,912 to 1,396 since 2022.

Plan summary
Net assets, end of year$483,537,431
Participants with balances2,545
Active participants1,396
Employer contributions$12,318,920
Employee contributions$10,895,783
Employer contribution per active participant$8,824
Average account balance$189,995
Benefits paid to participants$51,844,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$483.5M · 2,545 accts · $12.3M emplr
2023$470.1M · 3,047 accts · $16.9M emplr
2022$430.6M · 3,213 accts · $13.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,012
Investment management$197,562
Audit (IQPA)$45,774
Total administrative$466,907
The Johnson Matthey Inc. 401(k) match · 2024
Employer contribution per active participant$8,824
Median for plans this size$4,294
2024$8,824 per active participant
2023$9,709 per active participant
2022$7,113 per active participant

Johnson Matthey Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20245
T. ROWE PRICE RSP INC. · Recordkeeping · Loan processing$125,803
EDELMAN FINANCIAL ENGINES · Investment advisory (participants) · Investment advisory (plan)$197,562
MERCER · Consulting$89,930
BDO USA, P.C. · Accounting / audit$45,774
MORGAN, LEWIS & BOCKIUS LLP · Legal$7,838

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$466,907 · 0.10%
2023$471,375 · 0.10%
2022$330,102 · 0.08%
All plans at this employer2
JOHNSON MATTHEY INC. SALARIED EMPLOYEES SAVINGS INVESTMENT PLAN401(k)
JOHNSON MATTHEY INC. HOURLY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Endo USA, Inc. PA$540.6M · 0.06%
Endo USA, Inc. PA$492.2M · 0.07%
Veolia Wts USA, Inc. PA$479.7M · 0.06%
Enersys Delaware Inc. PA$467.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230411710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.