Plan Ledger DOL Form 5500 · updated monthly

Motorola Solutions, Inc.401(k) + ESOP (KSOP)

MOTOROLA SOLUTIONS 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Motorola Solutions, Inc. reported $3,031,999 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $4,904 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 0.06% to 0.05%. 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 9th-largest of 3,702 plans among Illinois employers on file, and the 63rd of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,500,182,224
Participants with balances22,210
Active participants10,200
Employer contributions$50,024,000
Employee contributions$111,849,000
Employer contribution per active participant$4,904
Average account balance$292,669
Benefits paid to participants$464,632,894
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.5B · 22,210 accts · $50.0M emplr
2023$6.0B · 22,542 accts · $46.4M emplr
2022$5.3B · 22,579 accts · $43.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$700,037
Investment management$2,049,807
Audit (IQPA)$47,000
Trustee / custodial$111,358
Total administrative$3,031,999
The Motorola Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$4,904
Median for plans this size$5,259
2024$4,904 per active participant
2023$4,743 per active participant
2022$4,587 per active participant

Motorola Solutions, Inc.'s 2024 employer contribution ran below 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 · 20246
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$1,924,044
NORTHERN TRUST COMPANY · Trustee$944,515
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing · Other services$772,938
MERCER INVESTMENT CONSULTING · Consulting$125,763
WINSTON AND STRAWN · Legal$50,897
CROWE LLC · Accounting / audit$47,000

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$3,031,999 · 0.05%
2023$3,721,962 · 0.07%
2022$3,694,000 · 0.06%
Same employer
Similar plansManufacturing · Illinois
Abbvie Inc. IL$13.4B · 0.03%
Deere & Company IL$11.0B · 0.00%
S&C Electric Company IL$2.7B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361115800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.