Plan Ledger DOL Form 5500 · updated monthly

Li-Cycle Inc401(k)

LI-CYCLE INC 401K · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Li-Cycle Inc reported $33,903 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $4,304 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,374th of 5,648), and 1,377th of 2,534 in administrative & support services. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,541,404
Participants with balances112
Active participants124
Employer contributions$533,734
Employee contributions$834,896
Employer contribution per active participant$4,304
Average account balance$49,477
Benefits paid to participants$1,489,481
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,031
Investment management$24,872
Total administrative$33,903
The Li-Cycle Inc 401(k) match · 2024
Employer contribution per active participant$4,304
Median for plans this size$1,313

Li-Cycle Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history1
2024$33,903 · 0.65%
Same employer
Similar plansAdministrative & Support Services · New York
Triangle Services, Inc NY$6.1M · 0.96%
Sword Health, Inc. NY$5.8M · 0.74%
Consilium Company, LLC NY$5.7M · 0.07%
W Services Group, LLC NY$5.4M · 0.98%
Kopp Billing Agency, Inc. NY$5.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384121347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.