Plan Ledger DOL Form 5500 · updated monthly

Quidelortho Corporation401(k)

QUIDELORTHO SAVINGS AND RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Quidelortho Corporation reported $237,465 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,254 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 1 year on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 226th-largest of 9,483 plans among California employers on file, and the 510th of 13,661 in manufacturing. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$584,053,274
Participants with balances4,914
Active participants3,709
Employer contributions$12,069,629
Employee contributions$39,387,517
Employer contribution per active participant$3,254
Average account balance$118,855
Benefits paid to participants$88,135,686
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$584.1M · 4,914 accts · $12.1M emplr
2023$540.7M · 5,274 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,839
Investment management$99,530
Total administrative$237,465
The Quidelortho Corporation 401(k) match · 2024
Employer contribution per active participant$3,254
Median for plans this size$4,294
2024$3,254 per active participant
2023$1,286 per active participant

Quidelortho Corporation's 2024 employer contribution ran below the $4,294 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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$94,798
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$87,839
UBS FINANCIAL SERVICES INC. · Consulting$50,096

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

Administrative cost history2
2024$237,465 · 0.04%
2023$94,961 · 0.03%
Same employer
Similar plansManufacturing · California
Icu Medical, Inc. CA$674.1M · 0.07%
Cubic Corporation CA$648.7M · 0.09%
Envista Holdings Corporation CA$591.6M · 0.06%
Sanmina Corporation CA$590.4M · 0.06%
Pure Storage, Inc. CA$581.3M · 0.04%
Rivian, LLC CA$567.3M · 0.26%
The Cooper Companies, Inc. CA$557.5M · 0.06%
Solar Turbines Incorporated CA$548.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874496285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.