Plan Ledger DOL Form 5500 · updated monthly

Oerlikon USA Holding, Inc.401(k)

OERLIKON USA 401(K) PLAN · WESTBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Oerlikon USA Holding, Inc. reported $267,941 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,122 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 0.20% to 0.13%. 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 433rd-largest of 5,648 plans among New York employers on file, and the 1,085th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$219,741,770
Participants with balances1,583
Active participants1,240
Employer contributions$5,111,641
Employee contributions$9,423,862
Employer contribution per active participant$4,122
Average account balance$138,813
Benefits paid to participants$19,177,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$219.7M · 1,583 accts · $5.1M emplr
2023$191.2M · 1,600 accts · $5.0M emplr
2022$159.0M · 1,770 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,911
Investment management$39,906
Audit (IQPA)$17,000
Total administrative$267,941
The Oerlikon USA Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$4,122
Median for plans this size$3,635
2024$4,122 per active participant
2023$4,061 per active participant
2022$3,395 per active participant

Oerlikon USA Holding, 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$130,189
RESOURCES INVESTMENT ADVISORS LLC · Consulting$80,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$39,906
HANCOCK ASKEW & CO., LLP · Accounting / audit$17,000

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$267,941 · 0.13%
2023$350,688 · 0.20%
2022$296,287 · 0.20%
Same employer
Similar plansManufacturing · New York
Knorr-Bremse NY$251.5M · 0.08%
Tdk U.S.A. Corporation NY$222.2M · 0.05%
Sartorius Corporation NY$218.2M · 0.08%
Lactalis American Group Inc. NY$202.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952549713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.