Plan Ledger DOL Form 5500 · updated monthly

Resmed Corp.401(k)

RESMED U S 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Resmed Corp. reported $337,803 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,717 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 has held roughly steady near 0.090%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 326th-largest of 9,483 plans among California employers on file, and the 120th of 4,246 in wholesale trade. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$400,642,817
Participants with balances3,732
Active participants2,761
Employer contributions$13,024,667
Employee contributions$30,570,808
Employer contribution per active participant$4,717
Average account balance$107,353
Benefits paid to participants$51,336,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$400.6M · 3,732 accts · $13.0M emplr
2023$348.5M · 3,722 accts · $13.9M emplr
2022$277.8M · 3,692 accts · $11.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,392
Investment management$143,411
Total administrative$337,803
The Resmed Corp. 401(k) match · 2024
Employer contribution per active participant$4,717
Median for plans this size$4,294
2024$4,717 per active participant
2023$4,945 per active participant
2022$3,884 per active participant

Resmed Corp.'s 2024 employer contribution ran above 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$194,392
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$143,411

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$337,803 · 0.09%
2023$264,758 · 0.08%
2022$256,352 · 0.09%
Similar plansWholesale Trade · California
Proponent, Inc. CA$447.3M
Red Bull North America, Inc. CA$419.6M · 0.10%
Patagonia Works CA$405.0M · 0.04%
Wilbur-Ellis Holdings, Inc. CA$398.0M · 0.06%
Orora Packaging Solutions CA$304.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411653149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.