Plan Ledger DOL Form 5500 · updated monthly

Signify North America Corporation401(k)

SIGNIFY NORTH AMERICA CORPORATION 401(K) PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Signify North America Corporation reported $355,659 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,822 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 has held roughly steady near 0.036%. 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 65th-largest of 2,419 plans among New Jersey employers on file, and the 324th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 2,920 to 2,383 since 2022.

Plan summary
Net assets, end of year$1,017,969,275
Participants with balances4,288
Active participants2,383
Employer contributions$18,640,181
Employee contributions$25,626,969
Employer contribution per active participant$7,822
Average account balance$237,400
Benefits paid to participants$111,591,012
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 4,288 accts · $18.6M emplr
2023$940.6M · 4,598 accts · $18.9M emplr
2022$827.1M · 4,866 accts · $20.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175,438
Investment management$108,746
Audit (IQPA)$44,310
Total administrative$355,659
The Signify North America Corporation 401(k) match · 2024
Employer contribution per active participant$7,822
Median for plans this size$4,294
2024$7,822 per active participant
2023$6,941 per active participant
2022$6,845 per active participant

Signify North America Corporation'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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$211,228
MERCER INVESTMENTS · Investment advisory (plan)$108,746
EISNER AMPER · Accounting / audit$44,310

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$355,659 · 0.04%
2023$383,647 · 0.04%
2022$349,846 · 0.04%
Same employer
Similar plansManufacturing · New Jersey
Lonza USA Inc. NJ$1.2B · 0.05%
Gaf LLC NJ$1.1B · 0.06%
Church & Dwight Co., Inc. NJ$975.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043391805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.