Plan Ledger DOL Form 5500 · updated monthly

Merck Kgaa Darmstadt, Germany401(k)

401(K) SAVINGS AND INVESTMENT PLAN · BURLINGTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Merck Kgaa Darmstadt, Germany reported $1,238,352 in plan administrative expenses for 2022: 0.04% of average plan assets, below the peer median. Employer contributions averaged $8,479 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 over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other manufacturing employers. By assets it is the 16th-largest of 2,726 plans among Massachusetts employers on file, and the 106th of 13,661 in manufacturing. In 2022, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,235,967,027
Participants with balances21,619
Active participants15,478
Employer contributions$131,244,904
Employee contributions$150,999,254
Employer contribution per active participant$8,479
Average account balance$149,682
Benefits paid to participants$263,649,202
Plan auditUnmodified (clean) audit opinion
The Merck Kgaa Darmstadt, Germany 401(k) match · 2022
Employer contribution per active participant$8,479
Median for plans this size$4,897

Merck Kgaa Darmstadt, Germany's 2022 employer contribution ran above the $4,897 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,238,352 · 0.04%
Same employer
Similar plansManufacturing · Massachusetts
Philips North America LLC MA$6.4B · 0.01%
Analog Devices, Inc. MA$4.3B · 0.01%
Biogen Inc. MA$2.2B
Veralto Corporation MA$1.3B · 0.08%
Hologic, Inc. MA$1.2B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042170233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.