Plan Ledger DOL Form 5500 · updated monthly

Reckitt Benckiser LLC401(k)

THE SAVINGS INVESTMENT PLAN FOR EMPLOYEES OF RECKITT BENCKISER LLC · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Reckitt Benckiser LLC reported $316,393 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,306 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 0.01% to 0.02%. 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 51st-largest of 2,419 plans among New Jersey employers on file, and the 247th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,349,576,854
Participants with balances8,732
Active participants4,929
Employer contributions$45,870,768
Employee contributions$48,543,387
Employer contribution per active participant$9,306
Average account balance$154,555
Benefits paid to participants$148,414,187
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 8,732 accts · $45.9M emplr
2023$1.2B · 8,542 accts · $40.4M emplr
2022$1.0B · 8,337 accts · $36.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,636
Investment management$223,757
Total administrative$316,393
The Reckitt Benckiser LLC 401(k) match · 2024
Employer contribution per active participant$9,306
Median for plans this size$5,259
2024$9,306 per active participant
2023$8,138 per active participant
2022$7,463 per active participant

Reckitt Benckiser LLC'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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$223,757
FIDELITY INV INST OP COMP LLC · Loan processing$92,636

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$316,393 · 0.02%
2023$288,161 · 0.03%
2022$129,238 · 0.01%
Same employer
Similar plansManufacturing · New Jersey
L'Oreal USA, Inc. NJ$2.0B · 0.04%
Solvay USA LLC NJ$1.8B · 0.03%
Evonik Corporation NJ$1.5B · 0.09%
Kenvue Inc. NJ$1.3B
Lonza USA Inc. NJ$1.2B · 0.05%
Gaf LLC NJ$1.1B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161095651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.