Plan Ledger DOL Form 5500 · updated monthly

Molex, LLC401(k)

THE MOLEX RETIREMENT AND SAVINGS PLAN · LISLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Molex, LLC reported $333,810 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $6,147 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 0.08% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 77th-largest of 3,702 plans among Illinois employers on file, and the 257th of 13,661 in manufacturing. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has shrunk from 7,355 to 6,224 since 2022.

Plan summary
Net assets, end of year$1,303,285,246
Participants with balances8,786
Active participants6,224
Employer contributions$38,257,639
Employee contributions$49,992,001
Employer contribution per active participant$6,147
Average account balance$148,337
Benefits paid to participants$126,509,898
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 8,786 accts · $38.3M emplr
2023$1.2B · 9,301 accts · $39.8M emplr
2022$1.0B · 10,648 accts · $40.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,861
Investment management$255,092
Audit (IQPA)$22,059
Total administrative$333,810
The Molex, LLC 401(k) match · 2024
Employer contribution per active participant$6,147
Median for plans this size$5,259
2024$6,147 per active participant
2023$6,050 per active participant
2022$5,461 per active participant

Molex, LLC's 2024 employer contribution ran above the $5,259 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 · 20247
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$255,093
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,742
CBIZ CPAS P.C. · Accounting / audit$22,059
WILLIS TOWERS WATSON US LLC · Consulting$15,520
THE VANGUARD GROUP, INC. · Investment management$8,054
THE NORTHERN TRUST COMPANY · Other services$7,098
ALIGHT FINANCIAL SERVICES · Other services$6,950

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

Administrative cost history3
2024$333,810 · 0.03%
2023$594,737 · 0.05%
2022$833,650 · 0.08%
Same employer
Similar plansManufacturing · Illinois
Conagra Brands, Inc. IL$1.7B · 0.06%
Marmon Holdings, Inc IL$1.7B · 0.10%
Usg Corporation IL$1.0B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362369491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.