Plan Ledger DOL Form 5500 · updated monthly

Sysco Corporation401(k)

SYSCO CORPORATION EMPLOYEES' 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Sysco Corporation reported $2,651,405 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $4,169 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 0.054%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 26th-largest of 5,688 plans among Texas employers on file, and the 6th of 4,246 in wholesale trade. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,249,766,162
Participants with balances55,942
Active participants44,702
Employer contributions$186,363,674
Employee contributions$247,498,724
Employer contribution per active participant$4,169
Average account balance$93,843
Benefits paid to participants$620,109,836
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2B · 55,942 accts · $186.4M emplr
2023$4.6B · 57,097 accts · $169.8M emplr
2022$3.9B · 52,976 accts · $156.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,751,792
Investment management$640,579
Audit (IQPA)$33,511
Total administrative$2,651,405
The Sysco Corporation 401(k) match · 2024
Employer contribution per active participant$4,169
Median for plans this size$5,259
2024$4,169 per active participant
2023$3,835 per active participant
2022$3,610 per active participant

Sysco Corporation's 2024 employer contribution ran below the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,281,954
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$310,941
MELTON & MELTON LLP · Accounting / audit$28,000
MERCER (US) INC · Investment advisory (plan)$25,000
WEAVER AND TIDWELL, L.L.P · Accounting / audit$5,511

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$2,651,405 · 0.05%
2023$2,256,707 · 0.05%
2022$2,284,467 · 0.05%
Same employer
Similar plansWholesale Trade · Texas
McKesson Corporation TX$5.7B · 0.02%
McLane Company, Inc. TX$1.5B · 0.14%
Rexel USA, Inc. TX$972.5M · 0.07%
Cemex, Inc. TX$942.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741648137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.