Plan Ledger DOL Form 5500 · updated monthly

Mativ Holdings, Inc.401(k)

SWM RETIREMENT SAVINGS PLAN II · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Mativ Holdings, Inc. reported $149,603 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,653 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 0.14% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 77th-largest of 2,160 plans among Georgia employers on file, and the 80th of 786 in management of companies. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 1,073 to 2,682 since 2022.

Plan summary
Net assets, end of year$508,087,125
Participants with balances3,904
Active participants2,682
Employer contributions$12,479,089
Employee contributions$19,482,177
Employer contribution per active participant$4,653
Average account balance$130,145
Benefits paid to participants$77,181,470
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$508.1M · 3,904 accts · $12.5M emplr
2023$486.2M · 3,643 accts · $2.7M emplr
2022$74.6M · 1,168 accts · $2.1M emplr
The Mativ Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,653
Median for plans this size$4,294
2024$4,653 per active participant
2023$712 per active participant
2022$1,970 per active participant

Mativ Holdings, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20241
VANGUARD · Recordkeeping · Loan processing$149,603

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

Recordkeeper by year2
2024Vanguard
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Mativ Holdings, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$149,603 · 0.03%
2023$132,769 · 0.05%
2022$95,896 · 0.14%
All plans at this employer2
SCHWEITZER MAUDUIT INTERNATIONAL INC RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
SWM RETIREMENT SAVINGS PLAN II401(k)
Same employer
Similar plansManagement of Companies · Georgia
Assurant, Inc. GA$2.4B · 0.04%
Synovus Financial Corp. GA$855.8M · 0.05%
Acuity Brands, Inc. GA$521.1M · 0.06%
Travelport Inc. GA$427.7M · 0.07%
Heidelberg Americas, Inc. GA$228.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621612879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.