Plan Ledger DOL Form 5500 · updated monthly

Perrigo Company401(k)

PERRIGO COMPANY PROFIT-SHARING AND INVESTMENT PLAN · ALLEGAN, MI · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Perrigo Company reported $249,069 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,249 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 3 years on file its reported administrative ratio fell from 0.06% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 35th-largest of 2,619 plans among Michigan employers on file, and the 294th of 13,661 in manufacturing. In 2025, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,149,554,826
Participants with balances6,582
Active participants4,712
Employer contributions$24,733,256
Employee contributions$36,063,997
Employer contribution per active participant$5,249
Average account balance$174,651
Benefits paid to participants$117,628,144
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$1.1B · 6,582 accts · $24.7M emplr
2024$1.0B · 6,633 accts · $25.4M emplr
2023$983.3M · 6,943 accts · $26.8M emplr
2022$832.0M · 6,786 accts · $23.8M emplr
The Perrigo Company 401(k) match · 2025
Employer contribution per active participant$5,249
Median for plans this size$5,084
2025$5,249 per active participant
2024$5,313 per active participant
2023$5,141 per active participant
2022$4,813 per active participant

Perrigo Company's 2025 employer contribution ran above the $5,084 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$222,918
VANGUARD ADVISERS INC. · Investment advisory (participants)$55,150

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

Recordkeeper by year3
2025Vanguard
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$249,069 · 0.02%
2024$400,239 · 0.04%
2023$576,792 · 0.06%
2022$520,075 · 0.06%
Similar plansManufacturing · Michigan
Steelcase, Inc. MI$1.5B · 0.05%
Millerknoll, Inc. MI$1.4B · 0.09%
Alticor Inc. MI$1.3B · 0.04%
Lear Corporation MI$1.2B · 0.10%
Adient US LLC MI$950.8M · 0.10%
Dematic Corp. MI$843.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382799573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.