Plan Ledger DOL Form 5500 · updated monthly

Schneider Electric USA, Inc.401(k)

SCHNEIDER ELECTRIC USA, INC. COORDINATED BARGAINING ERSP · WESTMONT CITY, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Schneider Electric USA, Inc. reported $91,984 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,972 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 0.12% to 0.13%. 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 704th-largest of 3,702 plans among Illinois employers on file, and the 2,404th of 13,661 in manufacturing. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 1,347 to 1,544 since 2022.

Plan summary
Net assets, end of year$72,372,585
Participants with balances1,922
Active participants1,544
Employer contributions$4,588,773
Employee contributions$4,695,954
Employer contribution per active participant$2,972
Average account balance$37,655
Benefits paid to participants$8,824,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.4M · 1,922 accts · $4.6M emplr
2023$66.0M · 1,564 accts · $3.8M emplr
2022$58.5M · 1,783 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,773
Investment management$38,211
Total administrative$91,984
The Schneider Electric USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,972
Median for plans this size$3,635
2024$2,972 per active participant
2023$3,033 per active participant
2022$2,653 per active participant

Schneider Electric USA, Inc.'s 2024 employer contribution ran below the $3,635 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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$53,773
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$37,365

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,984 · 0.13%
2023$87,838 · 0.14%
2022$82,828 · 0.12%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 362440683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.