Plan Ledger DOL Form 5500 · updated monthly

Mindray Ds USA, Inc.401(k)

MINDRAY DS USA, INC. 401(K) SAVINGS PLAN · MAHWAH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Mindray Ds USA, Inc. reported $270,563 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,967 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 0.22% to 0.18%. 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 260th-largest of 2,419 plans among New Jersey employers on file, and the 1,333rd of 13,661 in manufacturing. In 2024, employees put in $3.18 for every $1.00 the employer contributed; active participation has grown from 580 to 686 since 2022.

Plan summary
Net assets, end of year$163,932,621
Participants with balances932
Active participants686
Employer contributions$2,721,070
Employee contributions$8,646,656
Employer contribution per active participant$3,967
Average account balance$175,893
Benefits paid to participants$12,164,769
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$163.9M · 932 accts · $2.7M emplr
2023$141.5M · 902 accts · $2.7M emplr
2022$123.1M · 827 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$167,967
Investment management$83,696
Audit (IQPA)$18,900
Total administrative$270,563
The Mindray Ds USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,967
Median for plans this size$3,635
2024$3,967 per active participant
2023$4,074 per active participant
2022$3,875 per active participant

Mindray Ds 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$192,781
USB FINANCIAL SERVICES, INC. · Investment advisory (plan)$58,882
FORVIS MAZARS, LLP · Accounting / audit$18,900

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$270,563 · 0.18%
2023$295,408 · 0.22%
2022$298,180 · 0.22%
Same employer
Similar plansManufacturing · New Jersey
Innophos, Inc. NJ$172.5M · 0.08%
As America, Inc. NJ$171.8M · 0.06%
Bracco Diagnostics Inc. NJ$171.4M · 0.12%
Kdc US Holdings, Inc. NJ$165.8M · 0.31%
Embecta Corp NJ$163.0M · 0.14%
Mersen USA Holding Corp. NJ$159.7M · 0.27%
Cambrex Corporation NJ$157.9M · 0.05%
Arxada, LLC NJ$157.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800164497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.