Plan Ledger DOL Form 5500 · updated monthly

The Snc-Lavalin Corporation401(k)

SNC-LAVALIN US RETIREMENT SAVINGS PROGRAM · WILMINGTON, DE · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

The Snc-Lavalin Corporation reported $521,199 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,890 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 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 9th-largest of 242 plans among Delaware employers on file, and the 223rd of 11,654 in professional & technical services. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$801,676,781
Participants with balances6,495
Active participants4,179
Employer contributions$16,258,117
Employee contributions$39,203,610
Employer contribution per active participant$3,890
Average account balance$123,430
Benefits paid to participants$75,718,769
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$801.7M · 6,495 accts · $16.3M emplr
2022$696.0M · 6,345 accts · $15.1M emplr
The The Snc-Lavalin Corporation 401(k) match · 2023
Employer contribution per active participant$3,890
Median for plans this size$4,362
2023$3,890 per active participant
2022$3,862 per active participant

The Snc-Lavalin Corporation's 2023 employer contribution ran below the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$249,276
VANGUARD ADVISERS INC. · Investment advisory (participants)$210,273
AFS ADVISORS/NFP · Investment advisory (plan)$30,000
NFP RETIREMENT · Investment advisory (plan)$30,000
MILLER KAPLAN · Investment advisory (plan)$16,400

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

Administrative cost history2
2023$521,199 · 0.07%
2022$498,553 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Delaware
Atkins US Holdings, Inc. DE$894.6M · 0.05%
Mh Sub I LLC. CA$808.3M
Veradigm LLC NC$807.9M · 0.09%
Fermi Research Alliance, LLC IL$796.0M · 0.01%
Katten Muchin Rosenman LLP IL$793.3M · 0.04%
Wayfair LLC MA$786.1M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 730972002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.