PFIZER SAVINGS PLAN · NEW YORK, NY · plan year 2024
Reported admin expense ratio · 2024
0.05%
Peer grade: A-· admin costs + employer contributions vs same-size plans · how grading works
Pfizer Inc reported $9,419,816 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $18,743 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 0.02% 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 3rd-largest of 5,648 plans among New York employers on file, and the 14th of 13,661 in manufacturing. In 2024, employees put in $1.07 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$21,973,079,939
Participants with balances57,024
Active participants29,469
Employer contributions$552,327,166
Employee contributions$593,649,452
Employer contribution per active participant$18,743
Employer contribution per active participant$18,743
Median for plans this size$5,259
2024$18,743 per active participant
2023$16,599 per active participant
2022$16,223 per active participant
Pfizer Inc's 2024 employer contribution ran above the $5,259 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 135315170 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.