Plan Ledger DOL Form 5500 · updated monthly

Schindler Elevator Corporation401(k)

SCHINDLER ELEVATOR CORPORATION SAVINGS AND INVESTMENT PLAN · MORRISTOWN, NJ · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

Schindler Elevator Corporation reported $302,503 in plan administrative expenses for 2025: 0.05% of average plan assets, below the peer median. Employer contributions averaged $7,017 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 fell from 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 108th-largest of 2,419 plans among New Jersey employers on file, and the 500th of 13,661 in manufacturing. In 2025, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$595,233,506
Participants with balances3,254
Active participants2,359
Employer contributions$16,553,263
Employee contributions$26,243,850
Employer contribution per active participant$7,017
Average account balance$182,924
Benefits paid to participants$64,281,919
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$595.2M · 3,254 accts · $16.6M emplr
2024$527.8M · 3,357 accts · $16.8M emplr
2023$465.3M · 3,343 accts · $16.4M emplr
2022$371.5M · 3,167 accts · $15.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$166,167
Investment management$136,336
Total administrative$302,503
The Schindler Elevator Corporation 401(k) match · 2025
Employer contribution per active participant$7,017
Median for plans this size$4,295
2025$7,017 per active participant
2024$7,105 per active participant
2023$7,280 per active participant
2022$6,640 per active participant

Schindler Elevator Corporation's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$159,603
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$136,337

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

Administrative cost history4
2025$302,503 · 0.05%
2024$313,954 · 0.06%
2023$293,873 · 0.07%
2022$245,492 · 0.06%
Same employer
Similar plansManufacturing · New Jersey
Bausch Health Companies Inc. NJ$691.0M · 0.08%
Datascope Corp. NJ$642.8M · 0.07%
Sandoz Inc. NJ$588.0M · 0.01%
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 341270056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.