Plan Ledger DOL Form 5500 · updated monthly

Mersen USA Holding Corp.401(k)

RETIREMENT SAVINGS PLAN FOR THE EMPLOYEES OF MERSEN USA · BOONTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Mersen USA Holding Corp. reported $398,454 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,032 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 0.34% to 0.27%. 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 264th-largest of 2,419 plans among New Jersey employers on file, and the 1,357th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$159,709,959
Participants with balances1,567
Active participants1,089
Employer contributions$5,479,422
Employee contributions$8,218,869
Employer contribution per active participant$5,032
Average account balance$101,921
Benefits paid to participants$13,322,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$159.7M · 1,567 accts · $5.5M emplr
2023$140.1M · 1,539 accts · $4.9M emplr
2022$118.3M · 1,405 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$237,825
Investment management$129,654
Audit (IQPA)$30,975
Total administrative$398,454
The Mersen USA Holding Corp. 401(k) match · 2024
Employer contribution per active participant$5,032
Median for plans this size$3,635
2024$5,032 per active participant
2023$4,428 per active participant
2022$4,421 per active participant

Mersen USA Holding Corp.'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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$279,248
MORGAN STANLEY GLOBAL BANKING OPS · Investment advisory (plan)$88,213
CLIFTONLARSONALLEN LLP · Accounting / audit$30,975

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$398,454 · 0.27%
2023$365,995 · 0.28%
2022$423,414 · 0.34%
Same employer
Similar plansManufacturing · New Jersey
Bracco Diagnostics Inc. NJ$171.4M · 0.12%
Kdc US Holdings, Inc. NJ$165.8M · 0.31%
Mindray Ds USA, Inc. NJ$163.9M · 0.18%
Embecta Corp NJ$163.0M · 0.14%
Cambrex Corporation NJ$157.9M · 0.05%
Arxada, LLC NJ$157.2M · 0.02%
Thorlabs, Inc. NJ$149.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 220807643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.