Plan Ledger DOL Form 5500 · updated monthly

Sika Corporation401(k)

SIKA CORPORATION 401(K) SAVINGS PLAN · LYNDHURST, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Sika Corporation reported $286,190 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $3,561 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 0.05% to 0.06%. 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 115th-largest of 2,419 plans among New Jersey employers on file, and the 540th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 2,357 to 3,380 since 2022.

Plan summary
Net assets, end of year$535,794,605
Participants with balances3,291
Active participants3,380
Employer contributions$12,034,665
Employee contributions$20,315,810
Employer contribution per active participant$3,561
Average account balance$162,806
Benefits paid to participants$44,402,641
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH AND BROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$535.8M · 3,291 accts · $12.0M emplr
2023$368.1M · 2,601 accts · $10.0M emplr
2022$313.5M · 2,521 accts · $9.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,005
Investment management$65,000
Audit (IQPA)$19,760
Total administrative$286,190
The Sika Corporation 401(k) match · 2024
Employer contribution per active participant$3,561
Median for plans this size$4,294
2024$3,561 per active participant
2023$4,232 per active participant
2022$3,896 per active participant

Sika Corporation's 2024 employer contribution ran below the $4,294 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 · 20243
MERCER (US) INC MERCER INVESTMENTS · Investment advisory (plan)$65,000
WITHUMSMITH+BROWN, PC · Accounting / audit$19,760

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$286,190 · 0.06%
2023$260,547 · 0.08%
2022$166,924 · 0.05%
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%
Firmenich Incorporated NJ$514.5M · 0.06%
Matheson Tri-Gas, Inc. NJ$454.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221594831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.