Plan Ledger DOL Form 5500 · updated monthly

L'Oreal USA, Inc.401(k)

L'OREAL USA, INC. EMPLOYEE RETIREMENT SAVINGS PLAN · BERKELEY HEIGHTS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

L'Oreal USA, Inc. reported $700,149 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,937 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 0.05% to 0.04%. 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 38th-largest of 2,419 plans among New Jersey employers on file, and the 166th of 13,661 in manufacturing. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,037,031,389
Participants with balances12,810
Active participants8,887
Employer contributions$34,989,947
Employee contributions$83,945,244
Employer contribution per active participant$3,937
Average account balance$159,019
Benefits paid to participants$160,557,881
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 12,810 accts · $35.0M emplr
2023$1.8B · 13,030 accts · $32.5M emplr
2022$1.5B · 12,612 accts · $29.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$528,199
Investment management$119,257
Audit (IQPA)$41,500
Total administrative$700,149
The L'Oreal USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,937
Median for plans this size$5,259
2024$3,937 per active participant
2023$3,644 per active participant
2022$3,468 per active participant

L'Oreal USA, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20245
T ROWE PRICE RPS INC · Recordkeeping · Trustee$528,199
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$119,257
BDO USA, P.C. · Accounting / audit$41,500
BUTZEL LONG · Legal$8,355
CHARLES SCHWAB & CO., INC. · Securities brokerage$662

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

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Administrative cost history3
2024$700,149 · 0.04%
2023$701,394 · 0.04%
2022$774,750 · 0.05%
Same employer
Similar plansManufacturing · New Jersey
Campbell Soup Company NJ$2.2B · 0.04%
Zoetis Inc. NJ$2.1B · 0.02%
Solvay USA LLC NJ$1.8B · 0.03%
Evonik Corporation NJ$1.5B · 0.09%
Reckitt Benckiser LLC NJ$1.3B · 0.02%
Kenvue Inc. NJ$1.3B

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Source: U.S. Department of Labor, Form 5500 series, EIN 221539735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.