Plan Ledger DOL Form 5500 · updated monthly

Sartorius Corporation401(k)

SARTORIUS 401(K) SAVINGS PLAN · BOHEMIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Sartorius Corporation reported $147,934 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $7,313 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 fell from 0.10% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 436th-largest of 5,648 plans among New York employers on file, and the 1,094th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$218,221,484
Participants with balances1,953
Active participants1,461
Employer contributions$10,684,109
Employee contributions$18,339,717
Employer contribution per active participant$7,313
Average account balance$111,737
Benefits paid to participants$16,128,436
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$218.2M · 1,953 accts · $10.7M emplr
2023$174.3M · 1,972 accts · $10.5M emplr
2022$131.7M · 1,919 accts · $10.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,934
Total administrative$147,934
The Sartorius Corporation 401(k) match · 2024
Employer contribution per active participant$7,313
Median for plans this size$3,635
2024$7,313 per active participant
2023$6,697 per active participant
2022$6,285 per active participant

Sartorius Corporation's 2024 employer contribution ran above the $3,635 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 processing$129,606

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$147,934 · 0.08%
2023$170,012 · 0.11%
2022$127,118 · 0.10%
Same employer
Similar plansManufacturing · New York
Tdk U.S.A. Corporation NY$222.2M · 0.05%
Oerlikon USA Holding, Inc. NY$219.7M · 0.13%
Lactalis American Group Inc. NY$202.0M · 0.05%
Chobani Global Holdings, LLC NY$195.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942332288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.