Plan Ledger DOL Form 5500 · updated monthly

Sandoz Inc.401(k)

SANDOZ INC. INVESTMENT SAVINGS PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Sandoz Inc. reported $37,337 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $27,736 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.

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 110th-largest of 2,419 plans among New Jersey employers on file, and the 508th of 13,661 in manufacturing. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$587,955,275
Participants with balances1,773
Active participants677
Employer contributions$18,777,075
Employee contributions$16,037,011
Employer contribution per active participant$27,736
Average account balance$331,616
Benefits paid to participants$78,077,811
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$56,627
Total administrative$37,337
The Sandoz Inc. 401(k) match · 2024
Employer contribution per active participant$27,736
Median for plans this size$4,294

Sandoz Inc.'s 2024 employer contribution ran above the $4,294 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history1
2024$37,337 · 0.01%
Same employer
Similar plansManufacturing · New Jersey
Bausch Health Companies Inc. NJ$691.0M · 0.08%
Datascope Corp. NJ$642.8M · 0.07%
Sika Corporation NJ$535.8M · 0.06%
Firmenich Incorporated NJ$514.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381658363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.