Plan Ledger DOL Form 5500 · updated monthly

Terracycle, Inc.401(k)

TERRACYCLE INC. 401(K) PROFIT SHARING PLAN AND TRUST · TRENTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Terracycle, Inc. reported $44,172 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $2,781 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 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,667th of 2,419), and the 1,151st of 2,534 in administrative & support services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 192 to 168 since 2022.

Plan summary
Net assets, end of year$7,866,978
Participants with balances187
Active participants168
Employer contributions$467,236
Employee contributions$867,590
Employer contribution per active participant$2,781
Average account balance$42,069
Benefits paid to participants$1,674,617
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 187 accts · $467K emplr
2023$7.2M · 216 accts · $439K emplr
2022$5.9M · 191 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,999
Investment management$25,173
Total administrative$44,172
The Terracycle, Inc. 401(k) match · 2024
Employer contribution per active participant$2,781
Median for plans this size$1,313
2024$2,781 per active participant
2023$2,727 per active participant
2022$2,344 per active participant

Terracycle, Inc.'s 2024 employer contribution ran above the $1,313 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
KEY CLIENT FIDUCIARY ADVISORS LLC · Investment advisory (plan)$14,284
EMPOWER ADVISORY GROUP, LLC · Investment management$10,889

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$44,172 · 0.59%
2023$31,618 · 0.48%
2022$35,648 · 0.58%
Similar plansAdministrative & Support Services · New Jersey
Nest International, Inc. NJ$11.7M · 0.49%
E-Z Staffing Inc. NJ$11.2M · 1.62%
United Security, Inc. NJ$6.7M · 1.18%
Regional Industries, LLC NJ$6.6M · 0.05%
Coordinated Family Care NJ$6.3M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134261131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.