Plan Ledger DOL Form 5500 · updated monthly

Te Connectivity Corporation401(k)

TE CONNECTIVITY RETIREMENT SAVINGS AND INVESTMENT PLAN · BERWYN, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Te Connectivity Corporation reported $1,746,175 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $5,736 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 fell from 0.07% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 22nd-largest of 3,651 plans among Pennsylvania employers on file, and the 111th of 13,661 in manufacturing. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has shrunk from 9,245 to 8,252 since 2022.

Plan summary
Net assets, end of year$3,079,496,417
Participants with balances15,021
Active participants8,252
Employer contributions$47,330,800
Employee contributions$77,864,003
Employer contribution per active participant$5,736
Average account balance$205,013
Benefits paid to participants$356,014,548
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1B · 15,021 accts · $47.3M emplr
2023$2.8B · 15,824 accts · $46.9M emplr
2022$2.4B · 16,214 accts · $49.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$936,522
Investment management$276,774
Audit (IQPA)$28,460
Trustee / custodial$214,282
Total administrative$1,746,175
The Te Connectivity Corporation 401(k) match · 2024
Employer contribution per active participant$5,736
Median for plans this size$5,259
2024$5,736 per active participant
2023$5,299 per active participant
2022$5,351 per active participant

Te Connectivity Corporation's 2024 employer contribution ran above 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 · 20248
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$889,073
MORGAN LEWIS & BOCKIUS LLP · Legal$281,136
NORTHERN TRUST COMPANY · Trustee$214,282
WESTERN ASSET MANAGEMENT COMPANY · Investment management$149,176
TOWERS WATSON INV SERVICE INC · Investment management · Securities brokerage$104,348
CLIFTON LARSON ALLEN LLP · Investment management$28,460
ARROWSTREET CAPITAL L.P. · Investment management$23,250
THINK PATENTED$5,408

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$1,746,175 · 0.06%
2023$1,471,895 · 0.06%
2022$1,903,499 · 0.07%
Same employer
Similar plansManufacturing · Pennsylvania
Glaxosmithkline LLC PA$10.0B · 0.09%
Ppg Industries, Inc. PA$4.3B · 0.08%
Kraft Heinz Foods Company PA$3.9B · 0.03%
The Hershey Company PA$2.1B · 0.09%
Ametek, Inc. PA$1.9B · 0.08%
Saint-Gobain Corporation PA$1.8B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230332575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.