Plan Ledger DOL Form 5500 · updated monthly

Ledvance LLC401(k)

LEDVANCE LLC 401K SAVINGS PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Ledvance LLC reported $738,995 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,114 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 0.25% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 273rd-largest of 2,726 plans among Massachusetts employers on file, and the 156th of 786 in management of companies. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$186,244,702
Participants with balances757
Active participants310
Employer contributions$2,205,325
Employee contributions$2,649,735
Employer contribution per active participant$7,114
Average account balance$246,030
Benefits paid to participants$21,593,778
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$186.2M · 757 accts · $2.2M emplr
2023$183.1M · 780 accts · $2.4M emplr
2022$171.5M · 827 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$290,086
Investment management$25,171
Audit (IQPA)$33,390
Trustee / custodial$138,865
Total administrative$738,995
The Ledvance LLC 401(k) match · 2024
Employer contribution per active participant$7,114
Median for plans this size$3,635
2024$7,114 per active participant
2023$8,004 per active participant
2022$7,468 per active participant

Ledvance LLC's 2024 employer contribution ran above the $3,635 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
ALIGHT SOLUTIONS LLC · Recordkeeping$277,086
THE BANK OF NEW YORK MELLON · Trustee$138,865
AON INVESTMENT USA, INC. · Investment management$77,500
RSM US LLP · Accounting / audit$33,390
AON CONSULTING · Consulting$13,000

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

Recordkeeper by year2
2024Alight
2023Alight

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Administrative cost history3
2024$738,995 · 0.40%
2023$712,490 · 0.40%
2022$479,370 · 0.25%
Same employer
Similar plansManagement of Companies · Massachusetts
State Street Corporation MA$6.5B · 0.04%
Crane Nxt, Co. MA$373.2M · 0.09%
Brightsphere Inc. MA$320.2M · 0.02%
Fs Brands, Inc. MA$124.8M · 0.33%
Belmont Capital LLC MA$42.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810887998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.