Plan Ledger DOL Form 5500 · updated monthly

Schott Corporation401(k)

SCHOTT CORPORATION 401(K) PLAN · RYE BROOK, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Schott Corporation reported $157,100 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $6,421 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 0.13% to 0.09%. 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 532nd-largest of 5,648 plans among New York employers on file, and the 1,292nd of 13,661 in manufacturing. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$172,888,470
Participants with balances1,258
Active participants765
Employer contributions$4,912,139
Employee contributions$5,676,445
Employer contribution per active participant$6,421
Average account balance$137,431
Benefits paid to participants$18,419,271
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$172.9M · 1,258 accts · $4.9M emplr
2023$160.8M · 1,293 accts · $4.3M emplr
2022$150.2M · 1,343 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,939
Investment management$22,088
Audit (IQPA)$9,529
Total administrative$157,100
The Schott Corporation 401(k) match · 2024
Employer contribution per active participant$6,421
Median for plans this size$3,635
2024$6,421 per active participant
2023$6,118 per active participant
2022$6,845 per active participant

Schott Corporation's 2024 employer contribution ran above 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$124,932
MARSH & MCLENNAN COMPANIES INC · Investment advisory (plan)$21,808
BAKER TILLY VIRCHOW KRAUSE, LLP · Accounting / audit$9,529
ECKERT SEAMANS CHERIN & MELLOTT LLC$544
MILLIMAN INC · Contract administrator$280

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$157,100 · 0.09%
2023$235,109 · 0.15%
2022$210,800 · 0.13%
Same employer
Similar plansManufacturing · New York
Chobani Global Holdings, LLC NY$195.8M · 0.06%
Avon Products, Inc. NY$195.8M · 0.15%
Daikin America, Inc NY$191.9M · 0.13%
Cascades USA Inc. NY$174.8M · 0.13%
Icc Industries Inc. NY$169.4M · 0.02%
Kodak Alaris Inc. NY$168.4M · 0.05%
Plug Power Inc. NY$154.5M · 0.25%
Balchem Corporation NY$148.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133342824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.