Plan Ledger DOL Form 5500 · updated monthly

Livanova USA, Inc.401(k)

LIVANOVA US EMPLOYEE RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Livanova USA, Inc. reported $168,415 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,484 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 0.10% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 331st-largest of 5,688 plans among Texas employers on file, and the 971st of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$257,442,665
Participants with balances1,905
Active participants1,224
Employer contributions$6,712,127
Employee contributions$14,255,982
Employer contribution per active participant$5,484
Average account balance$135,141
Benefits paid to participants$33,148,856
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$257.4M · 1,905 accts · $6.7M emplr
2023$233.2M · 1,976 accts · $6.8M emplr
2022$204.8M · 1,952 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,725
Investment management$55,690
Total administrative$168,415
The Livanova USA, Inc. 401(k) match · 2024
Employer contribution per active participant$5,484
Median for plans this size$3,635
2024$5,484 per active participant
2023$5,075 per active participant
2022$4,885 per active participant

Livanova USA, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$112,725
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$55,690

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$168,415 · 0.07%
2023$182,390 · 0.08%
2022$220,338 · 0.10%
Same employer
Similar plansManufacturing · Texas
Shintech Incorporated TX$268.0M · 0.10%
Silicon Laboratories Inc. TX$265.2M · 0.07%
Lhoist North America, Inc. TX$260.0M · 0.14%
Powell Industries, Inc. TX$252.3M · 0.03%
Range Resources Corporation TX$246.5M · 0.06%
Page Southerland Page, Inc TX$241.7M · 0.12%
Darling Ingredients Inc. TX$236.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760236465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.