Plan Ledger DOL Form 5500 · updated monthly

Terex Corporation401(k)

TEREX CORPORATION AND AFFILIATES 401(K) RETIREMENT SAVINGS PLAN · NORWALK, CT · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Terex Corporation reported $810,373 in plan administrative expenses for 2025: 0.11% of average plan assets, above the peer median. Employer contributions averaged $3,479 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 rose from 0.09% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 35th-largest of 1,106 plans among Connecticut employers on file, and the 417th of 13,661 in manufacturing. In 2025, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 3,912 to 5,767 since 2022.

Plan summary
Net assets, end of year$757,715,361
Participants with balances7,947
Active participants5,767
Employer contributions$20,065,302
Employee contributions$32,473,102
Employer contribution per active participant$3,479
Average account balance$95,346
Benefits paid to participants$93,493,048
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$757.7M · 7,947 accts · $20.1M emplr
2024$687.4M · 6,432 accts · $16.0M emplr
2023$638.5M · 6,355 accts · $13.0M emplr
2022$543.6M · 6,148 accts · $12.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$448,917
Investment management$158,192
Audit (IQPA)$63,750
Total administrative$810,373
The Terex Corporation 401(k) match · 2025
Employer contribution per active participant$3,479
Median for plans this size$4,295
2025$3,479 per active participant
2024$2,769 per active participant
2023$3,045 per active participant
2022$3,080 per active participant

Terex Corporation's 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$448,917
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$158,192
MERCER · Investment advisory (plan)$125,423
BDO · Accounting / audit$63,750
GODFREY AND KAHN · Legal$14,091

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

Administrative cost history4
2025$810,373 · 0.11%
2024$638,736 · 0.10%
2023$560,903 · 0.09%
2022$534,892 · 0.09%
Same employer
Similar plansManufacturing · Connecticut
Assa Abloy Incorporated CT$1.3B · 0.06%
Hubbell Incorporated CT$1.2B · 0.09%
Crane Company CT$1.2B · 0.08%
Legrand Holding, Inc. CT$722.2M · 0.08%
Itt Industries Holdings, Inc CT$601.0M · 0.16%
Ahlstrom USA Inc. CT$550.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341531521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.