Plan Ledger DOL Form 5500 · updated monthly

Sulzer US Holding Inc.401(k)

SULZER EMPLOYEE SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sulzer US Holding Inc. reported $450,373 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $8,357 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 0.07% to 0.09%. 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 192nd-largest of 5,688 plans among Texas employers on file, and the 535th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 1,905 to 2,435 since 2022.

Plan summary
Net assets, end of year$546,903,324
Participants with balances3,294
Active participants2,435
Employer contributions$20,348,964
Employee contributions$21,469,243
Employer contribution per active participant$8,357
Average account balance$166,030
Benefits paid to participants$73,131,415
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$546.9M · 3,294 accts · $20.3M emplr
2023$488.5M · 2,983 accts · $18.0M emplr
2022$430.7M · 2,956 accts · $16.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$327,493
Investment management$100,000
Audit (IQPA)$22,880
Total administrative$450,373
The Sulzer US Holding Inc. 401(k) match · 2024
Employer contribution per active participant$8,357
Median for plans this size$4,294
2024$8,357 per active participant
2023$8,805 per active participant
2022$8,595 per active participant

Sulzer US Holding Inc.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$241,581
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$100,000
COZEN O'CONNOR · Other services$85,912
HAM, LANGSTON & BREZINA, LLP · Accounting / audit$22,880

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$450,373 · 0.09%
2023$400,060 · 0.09%
2022$354,253 · 0.07%
Same employer
Similar plansManufacturing · Texas
Stmicroelectronics, Inc. TX$572.2M · 0.06%
Integer Holdings Corporation TX$551.4M · 0.06%
Arm, Inc. TX$533.1M · 0.04%
Nec Corporation of America TX$468.7M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133950743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.