Plan Ledger DOL Form 5500 · updated monthly

Messer North America Inc401(k)

MESSER RETIREMENT SAVINGS PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Messer North America Inc reported $710,474 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,681 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 rose from 0.14% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 143rd-largest of 2,419 plans among New Jersey employers on file, and the 677th of 13,661 in manufacturing. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves; active participation has grown from 1,925 to 2,143 since 2022.

Plan summary
Net assets, end of year$397,309,338
Participants with balances2,380
Active participants2,143
Employer contributions$20,747,340
Employee contributions$15,297,714
Employer contribution per active participant$9,681
Average account balance$166,937
Benefits paid to participants$43,414,029
Plan auditUnmodified (clean) audit opinion
AuditorREA AND ASSOCIATES, INC
Plan history3
Yearassets · accounts · employer contribution
2024$397.3M · 2,380 accts · $20.7M emplr
2023$351.3M · 2,349 accts · $13.5M emplr
2022$295.0M · 2,167 accts · $12.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$436,759
Investment management$245,315
Audit (IQPA)$28,000
Total administrative$710,474
The Messer North America Inc 401(k) match · 2024
Employer contribution per active participant$9,681
Median for plans this size$4,294
2024$9,681 per active participant
2023$6,350 per active participant
2022$6,446 per active participant

Messer North America Inc's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$436,759
SAGEVIEW ADVISORY GROUP, LLC · Investment management · Investment advisory (plan)$245,315
REA & ASSOCIATES INC · Accounting / audit$28,000
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$400

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$710,474 · 0.19%
2023$606,443 · 0.19%
2022$453,382 · 0.14%
Same employer
Similar plansManufacturing · New Jersey
Benjamin Moore & Co. NJ$438.3M · 0.03%
Infineum USA Inc. NJ$386.2M · 0.03%
Inteplast Group Corporation NJ$373.6M · 0.06%
Symrise, Inc. NJ$328.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201043281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.