Plan Ledger DOL Form 5500 · updated monthly

Straumann Manufacturing, Inc.401(k)

STRAUMANN MANUFACTURING, INC. 401(K) SAVINGS PLAN · ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Straumann Manufacturing, Inc. reported $256,457 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,877 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 0.169%. 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 309th-largest of 2,726 plans among Massachusetts employers on file, and the 1,327th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$164,458,994
Participants with balances1,819
Active participants1,418
Employer contributions$5,498,011
Employee contributions$12,973,318
Employer contribution per active participant$3,877
Average account balance$90,412
Benefits paid to participants$15,980,126
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$164.5M · 1,819 accts · $5.5M emplr
2023$138.6M · 1,767 accts · $5.1M emplr
2022$108.0M · 1,694 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,106
Investment management$72,851
Audit (IQPA)$4,500
Total administrative$256,457
The Straumann Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$3,877
Median for plans this size$3,635
2024$3,877 per active participant
2023$3,671 per active participant
2022$3,556 per active participant

Straumann Manufacturing, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$134,106
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$72,851
UBS FINANCIAL SERVICES INC · Consulting$45,000

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$256,457 · 0.17%
2023$202,320 · 0.16%
2022$202,392 · 0.17%
Same employer
Similar plansManufacturing · Massachusetts
Analogic Corporation MA$179.3M · 0.19%
Circor International, Inc. MA$178.8M · 0.16%
Flexcon Company, Inc MA$176.8M · 0.07%
Evident Scientific MA$156.1M · 0.22%
Mestek, Inc. MA$147.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202613644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.