Plan Ledger DOL Form 5500 · updated monthly

Linde Inc.401(k) + ESOP (KSOP)

LINDE RETIREMENT SAVINGS PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Linde Inc. reported $728,782 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,205 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 0.032% to 0.025%. 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 8th-largest of 1,106 plans among Connecticut employers on file, and the 115th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,943,720,783
Participants with balances15,998
Active participants11,323
Employer contributions$47,609,772
Employee contributions$98,852,446
Employer contribution per active participant$4,205
Average account balance$184,006
Benefits paid to participants$303,881,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 15,998 accts · $47.6M emplr
2023$2.8B · 16,148 accts · $44.3M emplr
2022$2.4B · 15,848 accts · $40.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$532,025
Investment management$61,500
Audit (IQPA)$42,525
Trustee / custodial$15,906
Total administrative$728,782
The Linde Inc. 401(k) match · 2024
Employer contribution per active participant$4,205
Median for plans this size$5,259
2024$4,205 per active participant
2023$3,958 per active participant
2022$3,785 per active participant

Linde 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 · 20246
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$542,231
INSTITUTIONAL INVESTMENT CONSULTING · Investment advisory (plan)$61,500
GROOM LAW GROUP, CHARTERED · Legal$52,438
COHNREZNICK · Accounting / audit$42,525
OMNIPRINT · Other services$21,468
QDRO CONSULTANTS · Consulting$5,700

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$728,782 · 0.03%
2023$678,218 · 0.03%
2022$855,959 · 0.03%
Same employer
Similar plansManufacturing · Connecticut
Rtx Corporation CT$58.6B · 0.02%
Xerox Corporation CT$4.0B · 0.08%
Henkel of America, Inc. CT$2.4B · 0.03%
Pitney Bowes Inc. CT$1.7B · 0.07%
Assa Abloy Incorporated CT$1.3B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061249050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.