Plan Ledger DOL Form 5500 · updated monthly

Molnlycke Health Care US LLC401(k)

RETIREMENT PLAN FOR EMPLOYEES OF MOLNLYCKE HEALTH CARE US LLC · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Molnlycke Health Care US LLC reported $291,694 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $10,653 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 0.15% to 0.20%. 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 213th-largest of 2,160 plans among Georgia employers on file, and the 1,399th of 13,661 in manufacturing. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 682 to 769 since 2022.

Plan summary
Net assets, end of year$152,091,362
Participants with balances1,042
Active participants769
Employer contributions$8,191,918
Employee contributions$6,363,666
Employer contribution per active participant$10,653
Average account balance$145,961
Benefits paid to participants$20,109,018
Plan auditUnmodified (clean) audit opinion
AuditorWINDHAM BRANNON,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$152.1M · 1,042 accts · $8.2M emplr
2023$141.1M · 1,044 accts · $8.3M emplr
2022$122.6M · 975 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,127
Investment management$23,571
Total administrative$291,694
The Molnlycke Health Care US LLC 401(k) match · 2024
Employer contribution per active participant$10,653
Median for plans this size$3,635
2024$10,653 per active participant
2023$11,497 per active participant
2022$9,328 per active participant

Molnlycke Health Care US LLC's 2024 employer contribution ran above the $3,635 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 · Contract administrator · Recordkeeping$180,127
ALLIANT INSURANCE SERVICES INC DBA · Investment advisory (plan)$21,554
MOLNLYCKE HEALTHCARE US LLC$15,610
ADVISED ASSETS GROUP, LLC · Investment management$2,017

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
2023Prudential

This plan has changed recordkeepers within these filings. If you left Molnlycke Health Care US LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$291,694 · 0.20%
2023$215,201 · 0.16%
2022$205,517 · 0.15%
Same employer
Similar plansManufacturing · Georgia
Ricoh Electronics, Inc. GA$160.7M · 0.08%
Altium Packaging LP GA$159.8M · 0.11%
Ykk Corporation of America GA$149.2M · 0.12%
Argos North America Corp. GA$142.6M · 0.11%
Allnex USA Inc. GA$130.7M · 0.06%
Arauco North America, Inc. GA$129.0M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 542153401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.