Plan Ledger DOL Form 5500 · updated monthly

Karl Storz Endoscopy-America, Inc.401(k)

KARL STORZ ENDOSCOPY-AMERICA, INC. EMPLOYEE SAVINGS PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Karl Storz Endoscopy-America, Inc. reported $597,505 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,129 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 0.17% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 279th-largest of 9,483 plans among California employers on file, and the 123rd of 5,215 in retail trade. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$467,359,840
Participants with balances2,800
Active participants2,147
Employer contributions$8,864,168
Employee contributions$20,867,701
Employer contribution per active participant$4,129
Average account balance$166,914
Benefits paid to participants$28,448,555
Plan auditUnmodified (clean) audit opinion
AuditorGREEN, HASSON & JANKS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$467.4M · 2,800 accts · $8.9M emplr
2023$403.5M · 2,781 accts · $8.5M emplr
2022$337.5M · 2,782 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$198,604
Investment management$277,859
Total administrative$597,505
The Karl Storz Endoscopy-America, Inc. 401(k) match · 2024
Employer contribution per active participant$4,129
Median for plans this size$4,294
2024$4,129 per active participant
2023$3,826 per active participant
2022$3,708 per active participant

Karl Storz Endoscopy-America, Inc.'s 2024 employer contribution ran below 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 · 20242
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$393,390
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$204,115

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$597,505 · 0.14%
2023$620,060 · 0.17%
2022$636,795 · 0.17%
Same employer
Similar plansRetail Trade · California
Williams-Sonoma, Inc. CA$882.6M · 0.08%
Raley's CA$639.7M · 0.11%
Sephora USA Inc. CA$600.1M · 0.22%
Hft Holdings, Inc. CA$473.9M · 0.16%
Central Garden & Pet Company CA$444.3M · 0.06%
Smart & Final LLC CA$386.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952678449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.