Plan Ledger DOL Form 5500 · updated monthly

Nestle USA, Inc. Savings Plan Administration401(k)

NESTLE 401(K) SAVINGS PLAN · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Nestle USA, Inc. Savings Plan Administration reported $300,695 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,056 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 0.004% to 0.004%. 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 11th-largest of 3,295 plans among Ohio employers on file, and the 58th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,457,654,222
Participants with balances49,779
Active participants30,861
Employer contributions$186,887,309
Employee contributions$271,529,742
Employer contribution per active participant$6,056
Average account balance$149,815
Benefits paid to participants$770,667,598
Plan auditUnmodified (clean) audit opinion
AuditorERNST & YOUNG U.S. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.5B · 49,779 accts · $186.9M emplr
2023$6.8B · 47,960 accts · $165.7M emplr
2022$6.0B · 43,029 accts · $126.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,398
Investment management$17,717
Total administrative$300,695
The Nestle USA, Inc. Savings Plan Administration 401(k) match · 2024
Employer contribution per active participant$6,056
Median for plans this size$5,259
2024$6,056 per active participant
2023$5,558 per active participant
2022$4,445 per active participant

Nestle USA, Inc. Savings Plan Administration'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 · 20246
NESTLE USA · Plan administrator$77,446
ALVAREZ AND MARSAL TAX · Consulting$74,246
CALFEE, HALTER & GRISWOLD · Legal$56,255
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing$53,398
EISNERAMPER LLP · Consulting$21,000
FINANCIAL FINESSE · Other services$17,717

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$300,695 · 0.00%
2023$143,267 · 0.00%
2022$236,345 · 0.00%
All plans at this employer2
NESTLE USA, INC. HOURLY RETIREMENT SAVINGS PLAN401(k)
NESTLE 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Eaton Corporation OH$8.4B · 0.01%
Swagelok Company OH$2.6B · 0.03%
Garland Industries, Inc OH$2.0B · 0.00%
Rpm International Inc. OH$1.6B · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 951572209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.