Plan Ledger DOL Form 5500 · updated monthly

The Lilly Company401(k)

THE LILLY COMPANY 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Lilly Company reported $4,947 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,146 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 0.08% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 455th-largest of 1,496 plans among Tennessee employers on file, and the 1,477th of 4,246 in wholesale trade. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,128,294
Participants with balances206
Active participants282
Employer contributions$887,199
Employee contributions$1,184,775
Employer contribution per active participant$3,146
Average account balance$131,691
Benefits paid to participants$2,370,731
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS, BONE & GRIESBECK, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 206 accts · $887K emplr
2023$24.7M · 215 accts · $872K emplr
2022$20.5M · 213 accts · $851K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,947
Total administrative$4,947
The The Lilly Company 401(k) match · 2024
Employer contribution per active participant$3,146
Median for plans this size$2,416
2024$3,146 per active participant
2023$3,082 per active participant
2022$3,085 per active participant

The Lilly Company's 2024 employer contribution ran above the $2,416 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 · 20241
AMERITAS LIFE INSURANCE CORPORATION · Recordkeepingindirect comp

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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Administrative cost history3
2024$4,947 · 0.02%
2023$12,695 · 0.06%
2022$14,407 · 0.08%
Same employer
Similar plansWholesale Trade · Tennessee
Dunavant Enterprises, Inc. TN$28.6M · 0.12%
Ajax Turner Co., Inc. TN$28.2M · 0.61%
Hankook Tire America Corp. TN$26.3M · 0.47%
Keller Group TN$24.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620271840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.